- Moving Average and MACD indicators signal a bearish trend for LINK.
- Reclaiming LINKs $52 ATH will likely require stronger market momentum into 2026.
Chainlink (LINK), the leading decentralized oracle network token, currently holds a market cap of around $14.84 billion, placing it among the top altcoins. With a 24-hour trading volume of nearly $854.77 million, LINK’s price movements are drawing attention as traders track its role in powering smart contracts and DeFi applications amid broader market volatility.
At press time, the altcoin is trading at $21.91, having increased by 0.68% over the last 24 hours. The price is moving in a bullish trend and is currently testing a resistance level near $24.66. If it breaks above this, the next target could be $26.00. On the downside, the support level is around $21.52. If the altcoin falls below this level, we might see a drop towards $20.00.
The blue line indicates the resistance level at $24.66, while the yellow line represents the support level at $21.52.
Also Read: How Chainlink Could Merge $10 Trillion+ Into a Global Internet of Contracts
Analyzing Chainlink’s (LINK) Moving Average and MACD
According to the Moving Average chart, the cryptocurrency is currently experiencing a bearish trend with the moving average indicator above the candles at $23.29. At the same time, Moving Average Convergence Divergence (MACD) indicates a bearish crossover, suggesting that the price may decrease for a while.
The signal line above the MACD line indicates a bearish crossover. The blue line represents the MACD line, while the orange line indicates the signal line.
Coincodex’s Prediction for Chainlink (LINK)
According to Coincodex’s current price prediction for the altcoin, the price is predicted to rise by 8.03% and reach $ 23.64 by October 24, 2025. Based on the LINK forecast, it’s now a bad time to buy the altcoin.
The price of Chainlink is predicted to trend downward in the coming days, dipping as low as $ 0.00 by Invalid Date. This would represent a -100.00% dip compared to today’s rates.
Chainlink (LINK) shows steady bullish momentum for late 2025, with its average price rising from $22 in September to $30.12 by December. The potential ROI also accelerates sharply, from 7.77% in September to 48.72% by year-end, signaling growing investor confidence. However, despite this strong uptrend, the projected price levels remain far below LINK’s all-time high of $52.88.
In Conclusion
While LINK appears positioned for nearly 50% gains by the end of 2025, reclaiming its $52.88 ATH by 2026 would require an even stronger market rally, suggesting upside potential but not yet an ATH-level recovery.
Also Read: Chainlink Explodes Off $21.51, Bulls Eye Massive $30 Breakout
