It’s true that Chainlink was a great disappointment for investors in 2019. LINK price went down from $0.409149 on January 1st 2019 to $1.889 on December 31 2019. However, it is worth monitoring our Chainlink price prediction algorithm: Chainlink might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, LINK might be the coin to watch closely now.
The current Chainlink price is $2.64, its circulating supply is 350 000 000 LINK. Our algorithm predicts that based on historical data Chainlink price will be at $3.23 in 1 week and $4.46 in 1 month. Our deep learning algorithm predicts the LINK price will be at $4.03 in 6 months. Analysis of the cryptocurrency market shows that Chainlink price may reach $9.27 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that LINK will stay around $8.36 in 2020, $9.27 in 2021, $9.78 in 2022, $11.22 in 2023 and $12.48 in 2024.
While creating the Chainlink prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $4.03 and lowest possible predicted price is $3.04.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Chainlink has the potential to stay within "survivors" team. Our Chainlink short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Chainlink Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Chainlink forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Chainlink (LINK)?
The current price of Chainlink is $2.64.
What is the current market capitalization of Chainlink (LINK)?
The current market capitalization of Chainlink is $925 289 484.
What will be the price of Chainlink (LINK) Tomorrow?
Our algorithm forecasts that the price of Chainlink will reach $2.73 tomorrow.
In 1 year from now what will 1 Chainlink be worth?
As per the forecast and algorithmic analysis, the the price of 1 Chainlink will be around $8.36.
Is it profitable to invest in Chainlink (LINK)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Chainlink (LINK) as a short term investment. Chainlink can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Chainlink be growing in the Future?
Chainlink is potentially one of the most profitable among digital coins.
How high can the Price of Chainlink go?
Our algorithm forecasts that the price of Chainlink will reach $12.48 by 2023.
Is Chainlink (LINK) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Chainlink now.
LINK has surprisingly been the only altcoin that has shown better gains over the last six months than Bitcoin. Well, apart from a coin named LEO, the Bitfinex native token, which showed a gob-smacking 1,301% growth over the same period of time. So, I will let the numbers substantiate my claim. According to the data from Coin Codex, Bitcoin grew by 61.27% over the last six months while the price of LINK has increased by the tremendous 248,84%. That's taking into account the last major drop, from which Chainlink has already recovered.
LINK is mooning as usual. The TA for this coin is always such a mess, but if you ever see this in the oversold category, it’s time to buy on the spot. This isn’t a coin that you can consistently short, but it is one that you can long fairly easily. Main net is almost here, so it’s best to position yourself for a major pump when it’s announced.
LINK is supposed to have dropped their mainnet by now. Did Rory or anyone else mention when it's actually supposed to happen? The price has stayed the same because everyone is afraid to get left behind if they suddenly surprise everyone with a release. I think HODLing is the best option but at the same time we've seen this a million times in crypto where projects hold their mainnet forever. I don't want to hold onto these bags longer than I have to because LINK isn't necessarily top 10 material.
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