Deciphering Chainlink (LINK) Price Forecast for December 2023

• Chainlink's Significant Progress and Remarkable Performance in the Cryptocurrency Market
• Chainlink Price Prediction for December 2023
• LINK's Performance in the Last 14 days

Chainlink's Significant Progress and Remarkable Performance in the Cryptocurrency Market

Ethereum$2,315 -2.42%-compatible Chainlink$15.6 -4.61%, noted for facilitating decentralized oracles, has made a commendable impact in the crypto market. Currently, LINK, the platform's native asset, is trading above $14. LINK's significant surge was a result of its recent partnership with Vodafone. Nonetheless, a downtrend was not far off, with LINK experiencing a slump in the last 24 hours. Here's a look at the price prediction for December 2023.

Chainlink Price Prediction for December 2023

LINK has shown an exceptional performance throughout the year, etching its position as one of the best-performing assets. In just the last 30 days, LINK has seen an impressive 30.4% price increase. Even though it is currently -72% below its record high of $52.70, the prospects of reaching double-digit values appear more achievable than ever.

LINK's Performance in the Last 14 days

In the last two weeks, LINK has seen a 2.5% increase. Chainlink's December price prediction comes courtesy of cryptocurrency experts at Changelly. They anticipate that LINK will achieve a minimum price of $14.82 and could reach a peak of $19.34. The average price for LINK is projected to be around $17.08.

Edited by Jonathan Stoker