Bittime - Chainlink (LINK), one of the digital assets that many investors are interested in, did not escape the spotlight towards the weekend. Can LINK again cross the psychological barrier at the $21 level? In this article, we will discuss Chainlink (LINK) coin predictions for the coming weekend!
Renowned analyst Michaël van de Poppe recently shared his views regarding LINK's future price movements. He also highlighted the support (defense) and resistance (obstacle) levels that need to be paid attention to.
Source: X/Twitter
According to van de Poppe's tweet, the first crucial level that LINK must maintain is $16 (around IDR 256,000). If LINK manages to stay above this level, the analyst estimates that the next resistance zone to be tested will be $21 (around IDR 336,000).
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The $21 level previously proved to be a tough hurdle for LINK. However, if you succeed in breaking through, there will be more opportunities for LINK prices to increase.
Also read: Analysis of Chainlink (LINK) Price Movements, Can It Grow Faster?
Van de Poppe also observed that LINK had formed a higher lower low on the weekly timeframe. This is a bullish signal (a sign of strengthening) which indicates that this crypto has the potential to continue its upward trend.
The analyst predicts that if LINK can maintain its current momentum, its price could potentially reach the $25 to $30 range (around IDR 400,000 - IDR 480,000) in the next few months.
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Predictions from Experts for Chainlink (LINK)
Towards the end of the week, investors and traders are increasingly curious about LINK price movements. Crypto experts from Changelly also gave their predictions.
Also read: Market Analysis of Chainlink (LINK) and its Important Role in the Cryptocurrency Ecosystem
According to Changelly's analysis, LINK is expected to reach a minimum price of $18 (around Rp. 288,000) and a maximum price of $20 (around Rp. 320,000) over the weekend. Meanwhile, the average price of LINK is predicted to be around $19 (around IDR 304,000).
This prediction suggests that although LINK could potentially see a price increase later in the week, breaking back through the $21 level may still be a challenge.
However, the slight difference between the minimum and maximum price predictions from these experts indicates that LINK may experience consolidation (a period of flat price movement) before moving in a certain direction.
Changelly not only provides weekend predictions, but also long-term prospects for LINK. They are optimistic that LINK has the potential to reach $25 (around Rp. 400,000) in August 2025.
This is driven by increasing confidence in LINK's ability to become the leading decentralized oracle solution.
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Conclusion
The price predictions discussed in this article are based solely on expert analysis and opinion. Before deciding to invest in LINK, it is important to do your own research and understand the risks.
How to Buy Chainlink (LINK) on Bittime
You can buy and sell Chainlink (LINK) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Chainlink (LINK) is available on Bittime with the market pair LINK/IDR. To be able to buy IDR LINK on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Chainlink (LINK) on Bittime.
Monitor price chart movements of Chainlink (LINK), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Chainlink (LINK) and MATIC Predicted Correction, Good Opportunity to Buy?
Chainlink (LINK) Price Movement Analysis, Can It Grow Faster?
Market Analysis of Chainlink (LINK) and its Important Role in the Cryptocurrency Ecosystem
Chainlink (LINK): Accumulate at $11.7? Bullish Target $14.8!
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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