LINK Price Prediction: Chainlink Eyes $25.41 Target Despite Near-Term Correction Risk to $23.14
The post LINK Price Prediction: Chainlink Eyes $25.41 Target Despite Near-Term Correction Risk to $23.14 appeared on BitcoinEthereumNews.com.
Felix Pinkston
Sep 08, 2025 02:22
LINK price prediction suggests potential decline to $23.14 before recovery toward $25.41 medium-term target, with long-term Chainlink forecast reaching $48.63 by year-end.
Chainlink (LINK) is currently trading at $22.27, presenting a complex technical picture that suggests both near-term downside risks and medium-term upside potential. Our comprehensive LINK price prediction analysis indicates a possible short-term correction before a more substantial rally unfolds. LINK Price Prediction Summary • LINK short-term target (1 week): $23.14 (-5.1% correction risk) • Chainlink medium-term forecast (1 month): $24.50-$26.00 range • Key level to break for bullish continuation: $26.84 (Upper Bollinger Band) • Critical support if bearish: $21.87 (immediate) / $20.98 (strong support) Recent Chainlink Price Predictions from Analysts The latest analyst predictions present a mixed but ultimately optimistic outlook for LINK. CoinCodex has issued a cautious LINK price prediction of $23.14 for the short term, citing technical indicators suggesting potential weakness. However, their Chainlink forecast extends to $25.41 for the medium term, driven by improving sentiment metrics and the Fear & Greed Index. More aggressively, DigitalCoinPrice projects a long-term LINK price target of $48.63, representing a potential 118% upside from current levels. This ambitious prediction aligns with the broader bullish sentiment surrounding Chainlink’s fundamental developments and market positioning. The consensus among analysts suggests a temporary pullback followed by sustained growth, with most predictions converging around the $23-25 range for the next 30 days. LINK Technical Analysis: Setting Up for Volatile Consolidation The current technical setup for Chainlink reveals a market in transition. With LINK trading at $22.27, the token sits below its 7-day SMA ($22.67) and 20-day SMA ($23.91) but remains well above the crucial 200-day SMA at $16.17, confirming the overall strong bullish trend. The RSI reading of 47.65 indicates neutral…
Filed under: News - @ September 8, 2025 2:26 am