Chainlink Price Prediction 2022-2026-Will the Price of Link Hit $30 by the end of 2022?
As a decentralized network, Chainlink allows users to become node operators and earn revenue by running the critical data infrastructure required for blockchains’ success.
What is Chainlink (LINK)?
The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors, and more. It was founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts.
The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.
Now, let’s look at the price analysis of Chainlink (LINK) for the coming years.
Price Analysis of Chainlink (LINK)
Flashback: Fundamental Analysis of Chainlink
Chainlink will finally rollout staking for LINK holders to secure the network and earn rewards. Chainlink has been working on a staking solution for years, however, oracle networks are not a blockchain but a form of decentralized computing. Mainstream organizations like AccuWeather, FedEx, FlightStats and the Associated Press have partnered with Chainlink for data verification. However, one of the biggest wins Chainlink has secured is onboarding Eric Schmidt, ex-Google chairman, and CEO, as a technical advisor to the oracle network protocol.
From the key level chart above for the 1day timeframe of LINK/USDT, we can deduce that LINK is on its way to $20 since it had a breakout at the support1 level.
The chart above for LINK/USDT shows that it will be bullish. This is because the blue curve that represents the jaw is below the chart. Long-term investors should expect a great rise in the price of LINK soon.
The relative strength index is used to determine the strength of a trend. With a value of 57.05, we can deduce that the present trend is strong. Continuous buyers activities will drive the price of Chainlink (LINK) higher.
The section below shows the price prediction of Chainlink (LINK) for the next five years.
Chainlink (LINK) Price Prediction 2022
By the end of the first quarter of 2022, LINK will trade at least $15.4. By the end of June, September, and December 2022, the price of LINK will be $18.2, $25, and $30 respectively.
Chainlink (LINK) Price Prediction 2023
By the end of the first quarter of 2023, LINK will trade at least $45.4. By the end of June, September, and December 2023, the price of LINK will be $48.2, $65, and $90 respectively.
Chainlink (LINK) Price Prediction 2024
By the end of the first quarter of 2024, LINK will trade at least $95.4. By the end of June, September, and December 2024, the price of LINK will be $109.2, $125, and $150 respectively.
Chainlink (LINK) Price prediction 2025
By the end of the first quarter of 2025, LINK will trade at least $165.4. By the end of June, September, and December 2025, the price of LINK will be $178.2, $195, and $220 respectively.
Chainlink (LINK) Price prediction 2026
By the end of the first quarter of 2026, LINK will trade at least $230. By the end of June, September, and December 2026, the price of LINK will be $250, $275, and $300 respectively.
Chainlink (LINK) Price Prediction: Market Sentiment
Below, we shall see the price prediction of LINK from other media houses
According to Gov Capital, the price of Chainlink (LINK) will be #33.084 by March 2025 and $105.664 by March 2025.
According to CoinQuora, the price of LINK will be $70 by the end of 2022 and $400 by the end of 2026.
According to Wallet Investor, the price of Chainlink will reach 431 by the end of 2022 and $71 by the end of 2027.
With the recent increase in the number of crypto investors that stake their assets, the price of LINK might reach $30 by the end of 2022 and $300 by the end of 2026.
Conclusion
Long-term hodlers of LINK will gain with the recent growth in the number of cryptocurrency users and the positive outcomes in the fundamental analysis, price charts, and market sentiments in LINK.