Chainlink Price Prediction: As LINK Pumps 7%, Investors Flock To This Crypto Wallet Presale For Its 223% Staking APY

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The Chainlink price pumped 7% in the last 24 hours to trade at $25:10 as of 11:25 p.m. EST on trading volume that skyrocketed 83% to $1.4 billion.

This comes as Chainlink introduces verifiable data support for TRUMP, the Official Trump meme token endorsed by US President Donald Trump.

The Chainlink standard for verifiable data now supports $TRUMP, the Official Trump Meme from @realDonaldTrump.

Join DeFi’s largest DEXs with $75M+ in daily trading volume @GMX_IO, @jojo_exchange, & many others & start integrating the TRUMP/USD Data Feeds and Data Streams today… pic.twitter.com/u4JYdlSXQb

— Chainlink (@chainlink) January 24, 2025

Developers can now access TRUMP/USD Data Feeds and Streams to create secure markets for the token across DeFi’s largest DEXs, including GMX and JoJo Exchange, which collectively handle over $75M in daily trading volume.

Chainlink Price Aims For A Bullish Flag Breakout

The LINK price daily chart displays a strong recovery and bullish consolidation after breaking out of a prolonged downtrend earlier in 2024.

The price surged past key resistance levels in Q4 2024, establishing a higher high near $30.00.

However, the Chainlink price has since struggled to breach this level, forming a sideways pattern and a bullish flag as a result of the initial uptrend.

Key support was established between $20.00 and $21, which aligns with a previous resistance-turned-support level and has been successfully tested during recent pullbacks, according to GeckoTerminal data.

The 50-day Simple Moving Average (SMA) (currently at $23.64) provided additional support, further affirming the bullish bias.

LINK still trades well above the 200-day SMA, which still shows that the token may soar.

While the price of Chainlink remains in an uptrend, the repeated rejection at the $27.50-$30.00 resistance zone suggests a potential period of consolidation or a pullback before a decisive move occurs.

Meanwhile, the Relative Strength Index (RSI) is currently at 57.24, sitting in neutral territory. This level suggests that the bullish momentum is not overheated, providing room for the price to move higher before the crypto enters overbought territory.

The Moving Average Convergence Divergence (MACD) is slightly positive as well, with the MACD line at 0.46 barely above the signal line at 0.44, indicating weak bullish momentum.

LINK Price Prediction

If the LINK price can break above the $27.50-$30.00 resistance zone, the next target would likely be $35.00, followed by a psychological level at $40.00.

However, if the price of LINK fails to break resistance, it may retest support around $22.50-$23.50 (50-day SMA and horizontal support). A deeper pullback could bring the Chainlink price to the $20.00 level, which remains a critical support zone. Breaking below this level would invalidate the bullish trend, with the next target being the 200-day SMA near $15.32.

In the meantime, investors are flocking to the Best Wallet (BEST) presale, which according to Crypto Gains, a popular YouTuber with over 145K subscribers, has the potential to deliver 10x returns.

Best Wallet Presale Blasts Past The $8 Million Milestone

Best Wallet is a non-custodial, no-KYC crypto wallet that already offers impressive capabilities, including advanced security features and the Best DEX, which lets users buy, swap, and sell tokens across 60+ blockchains.

Among the many features of Best Wallet, one stands out: the “Upcoming Tokens” section. This tool helps users discover promising projects that are still in the early stages.

The Fastest Growing Wallet in Crypto!

In a crowded market, Best Wallet delivers the tools you need to gain an edge. 🚀

1️⃣ Exclusive alpha on new projects.
2️⃣ Buy and claim tokens in the app.
3️⃣ Manage all your assets across multiple chains in one place.

This is why the Best… pic.twitter.com/AT4yos1CmG

— Best Wallet (@BestWalletHQ) December 30, 2024

The tool’s success is clear. It identified Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered 500% and 3,000% gains, respectively, for early investors.

Investors can also stake BEST tokens for a huge 223% annual return.

Currently, BEST tokens are priced at $0.023725. Those interested in joining investors who have pumped more than $8.04 million into the project should buy before a price hike in 37 hours.

Buy BEST tokens on the project’s official website here before the next price increase.