Sergey Nazarov and Steve Ellis, and Cornell University professor Ari Juels founded the decentralized Oracle network, Chainlink, in 2017. The goal of the project was to use the Chainlink network to facilitate smart contract interaction with external data sources. In 2019, The Chainlink network launched on the Ethereum mainnet.
The launch of its native token, LINK, in January 2019 was well-received by the market, with price grinding steadily higher over the coming 18 months to reach a high of $5.07 in the second week of February 2020. There was a minor pullback in LINK in March 2020, before the WHO announced the COVID-19 pandemic, which proved to be a boon for capital markets and crypto markets around the globe.
LINK responded to the sudden inflow of cash into the crypto space after the U.S. government issued stimulus checks and investors flooded this cash into markets. Price pumped all the way to $20.00 for a 293%+ gain in price over the following six weeks before pulling back to the $9.78 handle, where it began to grind higher.
At the end of 2020, LINK took off for the moon in a face-melting pump that lasted until May, seeing the token reach all-time-highs of $52.85 for a staggering 330% gain. Unfortunately, the move higher couldn’t consolidate at this price. China announced a ban on crypto mining in the country, and the broad selling pressure across the crypto space, with Bitcoin nosediving, dragged LINK down with it to wipe out all the gains since May.
Price found a bottom at $15.38, primarily due to oversold conditions in the market, and the beginning of the NFT mania, which leveraged the Chainlink network oracles to create random number generators used in the NFT and blockchain gaming space. Price pumped again, eventually topping at $36.15, before pulling back to $21.05.
The oversold conditions on the RSI saw a new wave of investment flood back into LINK, and price pumped yet again to $38.24 for a 182% gain. Unfortunately, that’s where everything fell apart for LINK.
With the onset of the bear market and Jerome Powell raising the Federal Reserves benchmark Federal Funds Rate, liquidity fled financial and crypto markets, leading to a drop in price as the crypto winter began. LINK stair-stepped down, wiping out all the gains since its initial rise in July 2020, finding a bottom in mid-June 2022 at $5.21.
The following 15 months saw LINK trapped in range-bound price action between $5 and $9.80. In mid-September 2023, price seemed to find a footing and started to curl upward, building upside momentum, thanks to the management teams announcement of Chainlinks Staking v0.2 protocol, driving a fresh wave of investor confidence into the token.
Price would reach the $16.63 handle before consolidating in a distribution pattern for the following 8 weeks. Then, price moved up again as the crypto market recovered and the broader economic conditions saw more inflows into the crypto space, with LINKs price topping in mid-March 2024.
This move higher was short-lived, and price eventually returned to the consolidation range between $13.50 and $15.50, before seeing a brief pump to $19.20. Unfortunately, this formed a technical “head-and-shoulders” pattern, and LINK would once again stair-step down to bottom at $8.15, forming a new range between $10.12 and $12.45 in August 2024. Price settled in this range until the U.S. presidential election in early November. Trump’s positive sentiment to crypto leading up to his election sent the crypto and capital markets into a fresh wave of euphoria, and LINK participated in the upward market momentum, reaching a high of $30.97 in early December 2024.
So, what can we expect from LINK in 2025? Let’s dig into the charts and current news events to see where this token is heading in 2025 and beyond.
*LINK/USDT 1W Chart: January 2021-February 2025—Source: TradingView (Binance)
Chainlink Price Prediction 2025
As we brought in the new year, 2025 started off with a bang for LINK price action. Price saw a steep sell-off to the $19.78 handle in the first week of January 2025, before rebounding and topping again at $22.50 in the last week of January. Investors, however, became fearful as overall market sentiment began to sour in the crypto space.
Looking at the weekly chart, we can see the white trend lines on the chart forming a “double-top” and the potential for an ABC retracement pattern, and that’s exactly how things played out for LINK in February, with the sell-off in Bitcoin adding fuel to the drop in price action.
* LINK/USDT 1D Chart: January 2021-February 2025—Source: TradingView (Binance)
The “Black Monday” event in the crypto market saw LINKs price flush down to the $13.47 level, before catching a bid and a rebound back to $17.38. But the ongoing pain in the crypto market continued, and by the beginning of March 2025, LINK was once again under severe selling pressure, with price opening the month at the $14 handle.
Chainlink Price Prediction 2025 Q1
* LINK/USDT 1D Chart: January 2021-February 2025—Source: TradingView (Binance)
On Sunday 02 March 2025, President Trump announced that he would be creating a “strategic national digital assets stockpile,” This announcement came just over a week after signing a presidential executive order for the reserve on 23 January 2025. Interestingly, the signing of the order didn’t do much to pump crypto prices, and instead, we saw the beginning of the crypto crash in late February instead.
However, the President’s announcement of the “strategic national digital assets stockpile” on Truth Social stipulated that he would be adding Bitcoin, Ethereum, XRP, Solana, and Cardano to this reserve, breaking the downside momentum in these markets, sending these five cryptos soaring. Bitcoin rallied 10% on the news, and XRP reached a staggering 32% gain in as little as two hours after the announcement.
While LINK wasn’t included in the Presidents pans for the strategic reserve, it still benefitted from the news, seeing price pump 21+% overnight to reach $17.56. The move tapped the top of the downward trendline in white (on the daily chart above), before failing and returning to downside momentum.
Right now, we could have two possible scenarios setting up for the final month of Q1 2025. The bullish scenario suggests that this downward move after the Trump announcement could just be a pullback, setting up a Bull Flag pattern that would see LINKs price drive higher to reach at least the $19.78 level and perhaps touching the top of the Bollinger bands on the daily chart.
The bearish outlook suggests that we’ll see price continue to fall after the announcement. Since LINK wasn’t included in the Presidents plans for the strategic reserve, we could see price continue to drop, reaching as low as $13.47.
- Bullish Chainlink Price Prediction 2025 Q1: $19.78
- Bearish Chainlink Price Prediction 2025 Q1: $13.47.
Chainlink Price Prediction 2025 Q2
So, where would LINK head in Q2 2025?
Before we get into our predictions, it’s important for us to mention that our predictions are not financial advice and you should never place a trade based on any predictions you see online. You’re responsible for your own investment strategy, and our predictions are merely guidelines to think about, not concrete predictions that shape your investment strategy.
Disclaimer out of the way, the downside scenario for LINK looks more probably in Q2, with price potentially failing to the $13.47 level. However, there’s strong support here, and provided BTC catches a bid, we could see some relief in the drop in LINK, with price perhaps forming a new range between $13.47 and $15.38 for most of the quarter.
This downside scenario has a high probability of playing out, but you never know with crypto, and all it would take to see LINKs price recover and break above the high of the daily candle from Sunday 02 March would be another catalyst—like Trump adding LINK to his plans for the strategic reserve.
If the bullish scenario does play out in Q2, we could see price move up to reclaim the $19.71 handle, and perhaps even reaching the $22.05 level. If price does break above the top of the bearish candle on the daily formed on the 03 March 2025, That would also mean it breaks above the white downward sloping trendline of resistance, giving LINK the momentum to reach these two price levels.
It’s doubtful if we would see price breakout beyond the $22.05 level, so we would likely see it start a new consolidation pattern between $22.05 and $19.78 where we expect it would sit until Q3 or perhaps Q4. Without a fresh catalyst, price action may remain range-bound.
- Bullish Chainlink Price Prediction 2025 Q2: $22.05
- Bearish Chainlink Price Prediction 2025 Q2: $13.47
Chainlink Price Prediction 2025 Q3
In Q3, we could see the bullish scenario playing out for the crypto market and LINK. If price does return to the $22.05 levels we might see a retest of the resistance at $25.18. This is a significant resistance level, considering that price touched it six times between December 2024 to February 2025.
If price does reach this level, we might see profit taking happen, and a fall in price back to the support at $22.05 on the daily chart. This would likely setup another price range between $25.18 and $22.05, and we would likely see consolidation in this range for most of Q3, with the ultimate upside potential being a breakout to the next to resistance at $27.50.
On the bearish side, we might see price retrace to the $19.78 and a range formed between $22.05 and $19.78. In the super-bearish scenario, it may crack this support and fail to $15.38.
- Bullish Chainlink Price Prediction 2025 Q3: $27.50.
- Bearish Chainlink Price Prediction 2025 Q3: $15.38.
Chainlink Price Prediction 2025 Q4
The bullish scenario for LINK looks good if we end Q3 strong, and all we would need would be a catalyst to see price shoot up to retest the 2024 high of $30.97. If it does manage to reach this level, we could expect a drop-off in momentum and a possible retest of the support at $27.50. If it holds, we can expect price to remain range bound for the rest of Q4 between these levels.
The bearish scenario suggests a failure to $15.38. However, if we look at the daily chart above, a move higher in a bullish wave of sentiment would likely setup an “inverse head-and-shoulders” pattern that would make the bullish case more likely to play out to finish 2024.
- Bullish Chainlink Price Prediction 2025 Q4: $30.97
- Bearish Chainlink Price Prediction 2025 Q4: $15.38.
Chainlink Price Prediction 2026
Moving into 2026, price action would be dictated by where we finish 2025. In the bullish scenario, we would see price opening the year at somewhere in the range of $27.50 to $30.97. A breakout above the 2025 high of $30.97 would see price climb higher to the next resistance at $34.72 and a push higher to $38.35.
The bearish argument suggests that we might form a double-top at $30.97, and a retracement to $9.93 over the duration of the year. If the bearish scenario does play out, it would likely be a steep, fast selloff that returns us to this level, followed by a period of consolidation as we wait for a fresh catalyst to move price higher.
- Bullish Chainlink Price Prediction 2026: $38.35.
- Bearish Chainlink Price Prediction 2026: $9.93.
Chainlink Price Prediction 2027-2030
The Chainlink network is a valid project with real utility in the smart contract sector. So, seeing price fail to the lows probably isn’t going to happen. As AI innovation keep flooding the market with innovative technologies, we might see smart contract cryptos catch a serious bid. If that’s the case, we would see LINK return to retest the ATH of $52 and push higher to reach new all-time highs.
However, if LINK is made obsolete by other cryptos offering better smart contract capability and integrations, such as Solana, we might see LINK become obsolete, crashing price to the lows of 2020 at $5.07 or under.
- Bullish Chainlink Price Prediction 2027-2023: $52+
- Bearish Chainlink Price Prediction 2027-2023: $5.07
