Chainlink $LINK price forms risky pattern but expert predicts a rebound in 2025.
Chainlink price has suffered a big reversal in the past two weeks, but one top crypto analyst expects its price to surge in 2025.
Chainlink dropped to $20.25 on Monday, Dec. 30, down by 35% from its highest level this year. This decline was in sync with Bitcoin and other cryptocurrencies, which have shed billions in value this month.
In an X post, Michael van de Poppe, a prominent crypto pundit with over 748,000 followers on X, said that Chainlink’s uptrend had just begun. He believes the coin is now in search of higher lows and that its valuation in Bitcoin terms remains significantly low.
Request 02 – $LINK
The uptrend has begun.
It's now searching for a higher low, however, the valuation of Chainlink against Bitcoin is still super low. I expect a lot of upside to come for LINK in 2025.
Donald Trump’s World Liberty Financial has selected Chainlink to offer oracle solutions. The organization also purchased LINK tokens worth almost $2 million today.
Chainlink continues to play a vital role in the crypto industry, providing oracles to major Decentralized Finance networks like AAVE Aave.
-2.46%
Aave and Compound
-4.14%
Compound. It has also become a key player in the Real World Asset tokenization sector through its Cross-Chain Interoperability Protocol.
