New Price Prediction Puts a $47 Cap on LINK

Chainlink (LINK) had a slow start to 2025, which is impacting price predictions for the asset this year. Investors are still mostly bullish on LINK, however, forecasts for the altcoin are slowly going down. A recently revised price prediction has put a cap on Chainlink’s $50 hopes, stating that the asset won’t go higher than that based on current performance.

With a host of coins facing a correction, Chainlink has suffered a recent dip that doesn’t deter from its 19% gains as LINK looks to target $32. In the near term, there is plenty of optimism for LINK. However, according to CoinCodex, LINK may not go higher than $48 in 2025, after previous projections above $50. According to the platform, the altcoin may see its best performance during the peak altcoin season in April, where it could hit a high of $ 47.12.

Chainlink LINK was previously forecast to breach its all-time high of $52.88 some time this year. Unfortunately, LINK is facing some resistance that may make that surge less likely. Entering 2025, Chainlink sported unique promise within the cryptocurrency industry. Indeed, the token itself was always viewed as a breakout candidate. Moreover, the project’s cooperation with traditional finance juggernauts like JPMorgan and BNY Mellon has only fortified its case. However, this year it has struggled to find its footing.

For the end of January, LINK is expected to reach a high of $35.06. The asset will have a down February before rebounding in March to potentially hit $40. In April, a successful breach of $47.12 could mean an 85.07% ROI from current prices.

Over the last week, Chainlink is up a modest 2.5%. LINK has only risen 4% throughout January, while other tokens have outperformed. It is entirely possible that new developments for Chainlink could drive its price upwards, including its Ripple RLUSD partnership. In addition, the new administration in the US led by President Donald Trump is far more pro-crypto than previous administrations. With the US developing a digital asset stockpile, cryptocurrencies like Bitcoin, XRP, and LINK are expected to surge in popularity and value. Upon the completion of this project and potential crypto ETFs being approved, LINK could be one of several altcoins that boom entering the Spring.