Chainlink (LINK) is up 4% in the last 24 hours, as the asset continues a recent climb out of a dry spell in February. At press time, LINK is trading above $14 and is set to continue this rise throughout the remainder of March. Several analysts are bullish on the altcoin and are backed by the growing buying activity around LINK recently. How high could the Chainlink cryptocurrency surge by the end of this month riding this wave?
Chainlink LINK Price Prediction: What’s its Potential Entering April?
While LINK is riding a bit of a market climb in the last few days, there is still a possibility that LINK will drop come month’s end. Price prediction platform CoinCodex suggests that now is the best we’ll be seeing LINK perform for the remainder of March. By March 31, CoinCodex predicts that LINK will be back down to $13.35, around 5% less than its current price.
On the other hand, there is still potential for LINK as altcoin season is upon us. From now until May, experts project the crypto market to begin a steady incline, led by altcoins like XRP, Chainlink, and more. This momentum may be fueled by the increased belief that these coins will feature in a potential crypto reserve held by the US Government.
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Crypto trader Nicu shared on X (formerly Twitter) that insiders believe Chainlink’s Proof of Reserves is being integrated into the strategic reserve. This would enhance transparency and security for the US reserve. Chainlink blockchain verification technology is a leader in this technology sector. The potential integration into national reserves would be a major milestone, and send the native LINK cryptocurrency skyrocketing.
While overall predictions for Chainlink’s (LINK) price are mixed for the end of March 2025, most are in agreement that April will host some of LINK’s best performances. The asset will likely climb back above $15 and establish a bullish path towards $19 and above by April’s end.
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