$LINK saw a quick turnaround after slipping to about $15 in mid‑October. The lower price caught the attention of major investors, who started picking it up while it was cheap, giving the token fresh momentum soon after. This wave of buying indicates stronger faith in Chainlink’s future and its key role in powering blockchain systems.
Chainlink holds about 67% of the decentralized oracle market, connecting more than 60 blockchains and securing over $93 billion in value on-chain. Its Cross‑Chain Interoperability Protocol makes it possible for blockchains to share data smoothly with traditional finance systems.
Big names like Swift, UBS, and J.P. Morgan already uses its technology, strengthening the coin’s position as the go‑to oracle network. With more major players getting involved, $LINK is becoming a key asset in decentralized finance and tokenized markets.
As the need for reliable real‑world data keeps growing, Chainlink’s technology is turning into an essential part of how global financial systems connect and operate.
In mid‑October, renewed US‑China trade tensions briefly pushed Chainlink’s price down to about $15. The dip didn’t last long, as big investors stepped in fast. The market data showed more than $10.2 million worth of $LINK pulled from exchanges within days a strong sign they were building positions.

The quick rebound showed strong demand and steady investor confidence in $LINK. After slipping earlier, it moved back above $18, a sign that buyers haven’t lost confidence. Some analysts think this steady stretch might be the calm before another strong move as more big investors keep stacking up.
Chainlink is trading around $19.67, holding steady after its quick rebound. The daily chart shows signs of improving strength, with the RSI climbing from oversold levels and the MACD turning positive, both suggesting the price could continue to move higher.
Analysts point to a symmetrical triangle on the 4‑hour chart that could break upward toward $23–$24 if momentum stays strong. Support is near $17.80, with resistance in the $22.50–$24 range.
If $LINK keeps moving the way it has, it could soon test the upper resistance area. That would show buyers are back in control and could raise the chances of higher prices before the month ends.
This week, $LINK looks set to hover between $18 and $22 while traders wait for the next move. By the end of October, it should be holding above $22, and if things go well, we could see it pushing toward $23.79.
Sergey Nazarov, Chainlink’s co-founder, expects $LINK to rise in value as its CCIP network grows and gets widely used, with DeFi and asset tokenization pushing the increase.
For year‑end, the target is around $25.58 on average, with a shot at hitting $28.13 if adoption keeps picking up and big players keep buying in. Overall, sentiment’s still leaning bullish thanks to steady growth and momentum in the network.
In the long term, projections place Chainlink’s target around $100, supported by continued institutional involvement and growing on‑chain adoption. That outlook comes from its growing ties with major institutions and its expanding use across on‑chain applications.

As more financial players move toward tokenization and cross‑chain systems, Chainlink’s oracle tech is likely to stay central to making all of it work. The platform’s proven reliability, broad partnerships, and secure data infrastructure continue to reinforce its appeal as an institutional‑grade asset. As demand for verified data feeds increases, the project could see significant value growth in the next market cycle.
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