Chainlink Price Breakout May Reach $13.75 After CLARITY Vote

The Chainlink price has been consolidating around $12.50 to $13 after a sharp breakout in early September that took it above $13.75.

According to analysts, if LINK holds above $10.94 and clears the recent resistance zone, it could extend towards $12.50 and then $13.75.

Chainlink's Chris Barrett expects a favorable outcome from the CLARITY Act vote on September 15, which could act as a catalyst for the price to move higher.

The Federal Reserve conference on September 24 will feature Chainlink founder Sergey Nazarov discussing how new regulatory frameworks are reshaping digital assets alongside executives from BlackRock and Vanguard.