Weekend Forecast: Chainlink (LINK) Price Prediction

• Chainlink's Progress in the Cryptocurrency Market
• Chainlink's Performance and Price Prediction
• Expert Predictions for the Weekend
• Overall Market Sentiment

Chainlink's Progress in the Cryptocurrency Market

Chainlink$15.6 -4.61%, a platform syncable with Ethereum$2,315 -2.42%, is well-known for enabling decentralized oracles. It has been showing noteworthy growth in the cryptocurrency realm. At present, the network's native asset, LINK, is trading above $15. As per the most recent CoinMarketCap data, LINK has dropped by 5.5% in the last 24 hours and is presently trading at $15.9. Despite the market's red trend, an intriguing weekend price prediction for LINK is in order.

Chainlink's Performance and Price Prediction

Throughout this year, LINK has shown impressive performance, solidifying its position as one of the highest-performing assets. Just in the past 30 days, this altcoin has noted an 8.2% price increment. Even though it's currently 69% below its prior peak of $52.70, the likelihood of it reaching double-digit values seems higher than ever.

Expert Predictions for the Weekend

Cryptocurrency mavens at Changelly have provided their own weekend price prediction for Chainlink. Per the analysts, LINK is expected to hit a low of $16.28 and a high of $17.71 this weekend. The average estimated price of LINK should reach around $17.

Overall Market Sentiment

Nevertheless, the market can often be unpredictable and could swing in either direction, contingent on the prevailing market sentiment.

Edited by Jonathan Stoker