Chainlink (LINK) has posted modest gains over 24 hours, rising 3.8% in sync with Bitcoin’s broader market recovery. Despite this short-term uptick, the oracle network’s token remains significantly down over longer periods, having fallen nearly 43% since late February 2025. Analysts predict a continued slow march, with one forecast suggesting LINK will trade around $9.65 by the end of March 2026, far below its previous $25 level.
The cryptocurrency Chainlink (LINK) has registered a slight recovery following a recent market dip. According to CoinGecko data, the asset has rallied 3.8% in the last 24 hours and 2% over a two-week period.
However, LINK continues to show losses across other significant timeframes. The token is down 4.4% on the weekly chart, 28.3% over the past month, and has declined nearly 43% since late February 2025.
The asset last traded at the $25 price level in September of last year. Its value has been on a downward trajectory since August 2025, with a major market crash in October leading to substantial outflows.
The broader crypto market has faced substantial challenges over recent months. Analysts cite growing macroeconomic uncertainties, geopolitical tensions, and a liquidity crunch as contributing factors.
According to CoinCodex analysts, Chainlink will see a slight price surge in March 2026 but will not hit the $25 mark. The platform anticipates the asset trading at $9.65 on March 31, 2026, which would be a 13.9% increase from its current level.
Market participants remain cautious about risky assets, opting for safe havens like gold and silver. Analysts suggest LINK’s price will likely consolidate or face further dips unless the larger market trend changes, led by Bitcoin.
