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 $10.
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 November 2023.
Chainlink price prediction for 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 44% increase in its price. Despite being 80% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable than ever before.
LINK is also up by 42.6% in the last seven days. Cryptocurrency experts at Changelly have given their price prediction for Chainlink for November. According to the analysts, LINK is forecast to reach a minimum of $11.44 and a maximum of $15.48. The average price of LINK is expected to reach $13.46.