Chainlink Price Analysis for Today (January 31, 2025)

The current price of Chainlink ($LINK ) is $24.82, with a price increase of +1.08% over the last 24 hours. LINK is currently available on 67 exchanges, and 17,402,670 LINK coins have been traded in the last 24 hours, totaling $431,877,780 in trading volume.

Today, Chainlink (LINK) opened at $24.47. This is 1.41% higher than the opening price. After dropping to $24.18, it is attempting to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -8.32% and -5.95%, while from the minimum recorded price during the same period, it has increased by 38.18% and 11.57%.

According to our analysis, LINK needs to remain above $23.89 in order to potentially move towards the first significant resistance level at $25.62. A breakout above $25.62 could lead to an increase of LINK to the next resistance level at $28.05. The third resistance is at $30.39.

If the price drops, the first support level to watch for is $23.89. If this level does not hold, further decline to the next support level of $22.66 is possible.