📈 Analysis and forecast for $LINK : future prospects 🚀
As of May 24, 2025, 13:13 EEST, the rate for $LINK on Binance is $15.72, with a 7.5% drop in the last 24 hours. The trading volume for the day is around $700M, and the market capitalization is $10.34B (with a circulating supply of 657M LINK). On X, the sentiment is mixed: users note support at $15 but point to pressure after a recent pullback.
Technically, $LINK is in a corrective movement. On the 4-hour chart, the price has fallen below the 50-day moving average ($16.20), and the RSI (14) at 45 signals bearish momentum approaching oversold conditions. Key levels: support — $15.00, resistance — $16.50. A drop below $15.00 could lead to a decline to $14.20, but a rebound above $16.50 would open the way to $18.00.
Forecast: in the short term (until the end of May) LINK may fall to $15.00 or $14.20 if the pressure continues. By July 2025, a rebound to $18.00 is possible with positive news and market recovery. The long-term target for 2026 is $25–$30+, provided the oracle ecosystem and partnerships with traditional finance grow. Fundamentally, Chainlink remains a leader due to its integration with DeFi and real assets.
Future prospects? After a 7.5% drop and the current price of $15.72, a decline to $15.00–$14.20 is likely. It’s better to wait for a reversal above $16.50 with increasing volume for entry. For holders, loss fixation is justified if it breaks $15.00. Keep an eye on network development news and BTC dynamics — the market is volatile! #LINK #Binance #CryptoAnalysis
