Chainlink is Setting Up for a Move Higher as Bullish Signs Emerge: Analyst

[Lenipiw]

Macro uncertainty within the global markets has had a trickle-down effect, causing Bitcoin to see consolidation and weakness, which has, in turn, led Chainlink and other altcoins to see similar price action.

While looking towards LINK’s recent price action, the cryptocurrency has been caught within a trading range between $11.20 and $13.20, with these two levels being visited and respected on multiple occasions throughout the past few days.

One analyst is now noting that where the entire market trends in the near-term will likely depend on Bitcoin’s reaction to its range boundaries at $10,000 and $10,500.
Visit here: https://www.newsbtc.com/2020/09/11/chainlink-is-setting-up-for-a-move-higher-as-bullish-signs-emerge-analyst/