Chainlink (LINK) Targets a 35% Increase Following Today’s Price Rise.

Chainlink is undergoing a decline due to uncertainty surrounding Trump’s tariffs. The price of LINK could potentially drop below $13.463, influenced by user demand and adoption trends. Chainlink (LINK), a prominent player in the market, experienced a 6% increase earlier today before retracting to its current price. The current downturn is driven by expectations of an impending tariff announcement from US President Donald Trump, scheduled for later today. Is there a possibility for LINK to rise to $35? Despite the negative market conditions, on-chain analyst Ali Martinez suggests that LINK is heading towards a positive trend and may rise to $35. Chainlink is a well-known blockchain platform recognized for its worldwide collaborations and partnerships, which are boosting the demand for its native token LINK. After a downward trend in the bearish market, LINK has decreased by more than 18% in value over the past month. Nonetheless, the LINK price graph shows signs of potential recovery. Earlier today, the cryptocurrency climbed to a peak of $14.36 following a 6% increase. This uptrend coincided with a rebound in the worldwide cryptocurrency market. Nonetheless, the increase was short-lived as investors grew concerned about Trump’s tariff declaration. At the time of reporting, the price of LINK was $13.46, reflecting a decline of 3.8% from the prior day, with a market capitalization of $8.84 billion. Despite this, the daily trading volume rose by more than 41% to reach $407.2 million, showing strong interest from investors.