CoinGecko reports that LINK suffered a slight decline of 2.5% in the last 24 hours, maintaining its position in the $17 range. As the market moves in a positive direction, here is a LINK price forecast for June.
At last count LINK, the main asset of the network chainlink, trading for around $17.15.
LINK has shown an impressive performance this year, establishing itself as one of the best moving cryptocurrencies. Over the past 30 days, LINK has seen its price increase by 14.1%. Although it is still 66.7% below its all-time high of $52.70, the potential to approach those values is becoming more likely.
The cryptocurrency analysts at Changelly have provided their forecast for the price of Chainlink (LINK) for the end of May. According to their forecast, LINK is expected to reach a minimum of $18.56 and a maximum of $23.08. The average price is expected to be around $20.82.
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Looking further ahead, Changelly experts predict that LINK could potentially reach $29 by December 2025. This long-term outlook reflects growing confidence in LINK’s role as a leading decentralized oracle solution capable of capturing a large market share.
However, the market is unpredictable and can move in either direction depending on general market sentiment. Unless Bitcoin fails to gain momentum and break above the $70,000 mark, LINK is likely to show limited performance.
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