Chainlink, a platform compatible with Ethereum and renowned for facilitating decentralized oracles, has been making significant progress in the cryptocurrency market. Currently, the native asset of the network, LINK, is experiencing a trading range above $12.
LINK recently surged following its recent collaboration with Vodafone. However, a downfall would soon follow the sudden rise, with LINK slumping in the last 24 hours. Here is our price prediction for mid-November 2023.
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Chainlink price prediction for mid-November 2023
LINK has demonstrated remarkable performance throughout this year, positioning itself as one of the top-performing assets. In the past 30 days alone, this altcoin has recorded an impressive 67.3% increase in its price. Despite being -75% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable than ever before.
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LINK is also up by 15.8% in the last seven days. Cryptocurrency experts at Changelly have given their price prediction for Chainlink for mid-November. According to the analysts, LINK is forecast to reach a minimum of $12.59 and a maximum of $17.28. The average price of LINK is expected to reach $14.93.