Chainlink's price has suffered a major reversal in the past two weeks, but a top cryptocurrency analyst expects its price to rise in 2025.

Chainlink (connection) to $20.25 on Monday, December 30, down 35% from its high this year. This decline coincided with Bitcoin and other cryptocurrencies, which lost billions in value this month.

In an X post, Michael van de Poppe, a prominent cryptocurrency expert with over 748,000 followers on He believes that the coin is now looking for higher lows and that its valuation in terms of Bitcoin remains significantly low.

Donald Trump's World Liberty Financial has chosen Chainlink to provide oracle solutions. The organization also purchased nearly $2 million worth of LINK tokens today.

Chainlink continues to play a vital role in the cryptocurrency industry, providing oracles to major DeFi networks such as AAVE (ghost) and the compound (Companies). It has also become a major player in the real-world asset tokenization sector with its cross-chain interoperability protocol.

Additionally, Chainlink recently launched the Cross-Chain Token Standard, a decentralized framework to enable simplified asset transfers. It has already integrated popular icons like Shiba Inu and Floki into the network.

In a report released on Monday, Chainlink revealed that its network has facilitated more than $18.2 trillion in transactions since 2022. It also implemented 15.7 billion cross-chain verified messages and forged new partnerships with companies like Vontobel and UPS.

Chainlink price may experience fluctuations

The four-hour chart shows that LINK's price peaked at $31,045 earlier this month, and since then it has been in a gradual downtrend. It has moved to the 50% Fibonacci retracement level and has fallen below the 50-period EMA.

In particular, Chainlink price has formed a head and shoulders pattern, which is a popular reversal signal. The current price is located at the neckline of the H&S chart pattern. Historically, this formation is often preceded by further downward movement.

As a result, the coin may continue to decline, with sellers targeting the next major support level at $18, the 61.8% retracement point. A move below this level could push LINK to the psychological support level at $15.

While Chainlink's outlook for 2025 may remain bullish, its performance will largely depend on the overall trajectory of the cryptocurrency industry.