The way I see the graph, I think this could rise further, some of the projects as long as they have good potential can rise even 100 times, so it's not impossible for Chainlink to reach that price in a short period of time.
If I were chainlink investors, I would even set my profit goal to be 5 dollars because that will be more than enough profit for anyone that invest in it now, chainlink is really developing and growing stronger, but I think it has been overbought for now because of the hypes it got recently and may end up getting dump soon even before the bull run, but with or without bull run, it will definitely break that barrier.
This is a good coin so we cannot eliminate the possibility that it will grow like what other successful coins had already achieved.
OP's price in his mind is just very conservative and I think he is only thinking for short term growth, I would also like to see predictions for long term on this coin.