Chainlink, a platform compatible with Ethereum and renowned for facilitating decentralized oracles, has been making significant progress in the cryptocurrency market. Currently, the native asset of the network, LINK, is experiencing a trading range above $15.
According to the latest data from CoinMarketCap, LINK is down by 5.5% in the last 24 hours and is trading at $15.9. With the market trading in red, here is our price prediction for LINK for the weekend.
Also read: How High Can Solana (SOL) Surge in January 2024?
Chainlink price prediction for weekend
LINK has demonstrated remarkable performance throughout this year, positioning itself as one of the top-performing assets. In the past 30 days alone, this altcoin has recorded an 8.2% increase in its price. Despite being -69% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable than ever before.
Also read: How High Can Binance Coin (BNB) Surge in January 2024?
Cryptocurrency experts at Changelly have given their price prediction for Chainlink for the weekend. According to the analysts, LINK is forecast to reach a minimum of $16.28 and a maximum of $17.71 this weekend. The average price of LINK is expected to reach $17.
However, the market can be quite surprising and could go in either direction depending on the overall market sentiment.
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