Chainlink(LINK) Price Hovers Around $7.5 Anticipating a 50% Jump to Hit $11 Very Soon

The Chainlink(LINK) token is currently trading at $7.82 after rebounding from the lows at around $6.6. While the prices are heavily consolidating below $8, excessive bearish pressure may soon squash the price. However, with the beginning of Q4 2022, the market sentiments are expected to flip a little.