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Dec 20, 2023

2024 Chainlink Price Predictions and Influencing Factors

Google Bard's AI analysis forecasts Chainlink's 2024 prices, influenced by advancements in artificial intelligence and ChatGPT.

Introduction

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Crypto analyst Ali Martinez identifies a crucial obstacle at $15, backed by 19,000 addresses holding 73.6 million LINK.

Resistance at $15

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Investors eager for LINK to surpass $15, as breaking this threshold could set the stage for sustained upward momentum.

Investor Impatience

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Bard's AI chatbot predicts a 2024 LINK price range of $10 to $25, advising caution due to potential market fluctuations.

Google Bard's Insights

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Bard emphasizes market sentiment, Chainlink's role in DeFi, NFTs, and blockchain, and network upgrades as key influencers.

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Factors Influencing LINK Price

Expanding partnerships, Chainlink 2.0, and network upgrades strengthen its position, contributing to a dynamic blockchain ecosystem.

Chainlink's Market Position

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As of December 19, Chainlink priced at $14.52, showing a daily increase of 1.74%, countering the previous week's -3.48% loss.

Current Price Trends

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