{"id":841753,"date":"2025-04-18T09:12:48","date_gmt":"2025-04-18T14:12:48","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/18\/chainlink-link-price-prediction-for-april-17-experts-insights-and-analysis\/"},"modified":"2025-04-18T09:12:48","modified_gmt":"2025-04-18T14:12:48","slug":"chainlink-link-price-prediction-for-april-17-experts-insights-and-analysis","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/18\/chainlink-link-price-prediction-for-april-17-experts-insights-and-analysis\/","title":{"rendered":"Chainlink (LINK) Price Prediction for April 17: Experts Insights and Analysis"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/price-analysis\/chainlink-link-price-prediction-for-april-17-experts-insights-and-analysis\/\" data-post-title=\"Chainlink (LINK) Price Prediction for April 17: Experts Insights and Analysis\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=444854&#038;action=edit\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2025\/02\/18181434\/Chainlink-Bulls-Run-Imminent-Whale-Buys-1-Million-of-LINK.webp\" alt data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div>\n<p>Chainlink (LINK) price has been trapped in a multi-week falling channel since the second inauguration of the U.S. President Donald Trump. The large-cap altcoin, with a fully diluted valuation of about $12.66 billion and a 24 hour average trading volume of around $291 million, has dropped over 44 percent in the past three months to trade about $12.65 on Thursday, during the mid-North American trading session.<\/p>\n<h2 id=\"h-growing-chainlink-ecosystem-nbsp\">Growing Chainlink Ecosystem\u00a0<\/h2>\n<p>The Chainlink network has grown into a vibrant tokenization ecosystem backed by institutional investors. Already, Chainlink network has collaborated with Coinbase, Apex Group, and Paxos, among others to tokenize real-world assets (RWA).<\/p>\n<p>Earlier on Thursday, Chainlink network announced a strategic partnership with Cap money, a decentralized stablecoin protocol for covered yield at scale, to power its cUSD on the <a href=\"https:\/\/coinpedia.org\/beginners-guide\/what-is-ethereum-the-comprehensive-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum network<\/a> via Chainlink Price feeds.<\/p>\n<blockquote>\n<p>\u201cBacked by fully collateralized and restaked assets, cUSD uses Chainlink to provide stronger assurances that stablecoin minting and delegation mechanisms operate securely under volatile market conditions,\u201d the announcement <a href=\"https:\/\/x.com\/chainlink\/status\/1912898905001373785?s=46\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">noted<\/a>.<\/p>\n<\/blockquote>\n<p>The growing Chainlink ecosystem has been bolstered by clearer crypto regulatory outlook, especially in the United States. Meanwhile, <a href=\"https:\/\/www.sec.gov\/files\/ctf-memo-chainlink-labs-3-24-25.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">latest SEC documents<\/a> show that the Chainlink team met with the agency\u2019s crypto task force twice last month.<\/p>\n<figure><\/figure>\n<p>Chainlink price has gradually signaled bullish sentiment, bolstered by whale investors and improving network fundamentals. In the daily timeframe, the LINK price has been forming a potential falling wedge, which is likely to yield a major bullish breakout soon.<\/p>\n<p>In case the brewing crypto bullish sentiment, amid the global trade wars, fails to materialize in the near future, <a href=\"https:\/\/coinpedia.org\/price-prediction\/chainlink-price-prediction\/\" target=\"_blank\" rel=\"noreferrer noopener\">LINK price <\/a>is likely to retest the macro support\/resistance level around $9.4. However, LINK price is less likely to breach the support level around $9 as most whale investors purchased during the consolidation.<\/p>\n<div>\n<h5>Never Miss a Beat in the Crypto World!<\/h5>\n<p>Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.<\/p>\n<\/div>\n<\/div>\n<div data-wpr-lazyrender=\"1\">\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/coinpedia.org\/price-analysis\/chainlink-link-price-prediction-for-april-17-experts-insights-and-analysis\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Steve Muchoki<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink (LINK) price has been trapped in a multi-week falling channel since the second inauguration of the U.S. President Donald Trump. The large-cap altcoin, with a fully diluted valuation of about $12.66 billion and a 24 hour average trading volume of around $291 million, has dropped over 44 percent in the past three months to<\/p>\n","protected":false},"author":1,"featured_media":841754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59802,4759],"tags":[],"class_list":{"0":"post-841753","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-chainlink","8":"category-price"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/841753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=841753"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/841753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/841754"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=841753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=841753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=841753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}