Chainlink Price Soars on Bullish Trend and Upcoming Regulatory Conference
The Chainlink price prediction for September 16 remains bullish above $10.94, with many analysts and experts expecting the price to continue rising.
According to recent data, Chainlink is trading around $11.42, down 0.8% today, but still consolidating below a resistance area near $12.50 to $13 that contained its sharp early September rally from around $8 to a high above $13.75.
The Parabolic SAR at $13.137 sits above the current price, indicating that the short-term trend hasn't flipped bullish despite the broader breakout. The 20-day EMA at $11.495 and well above the 50-day at $10.623, the 100-day at $9.903, and the 200-day at $10.044 also indicate an intact uptrend structure.
Chainlink's founder Sergey Nazarov will join executives from BlackRock, Vanguard, and Sharplink at the Federal Reserve Bank of Philadelphia's Fintech Conference on September 24 to discuss how new regulatory frameworks are reshaping digital assets.