Blockchain-based oracle service provider Chainlink (LINK) continues to show better performance despite the overall selling pressure in the altcoin market. The popular altcoin is striving to surpass $7.5 for a significant breakthrough with a value increase of nearly 4% in the last 24 hours. Breaking the $7.5 resistance is crucial for the continuation of the price rally. Experienced cryptocurrency analyst Michael van de Poppe stated that the outlook for LINK is extremely positive, saying, “Chainlink has probably completed its consolidation and will start a bull cycle in the fourth quarter of 2023. It is similar to the awakening of the rest of the market. It is now a matter of time for people’s sensitivity to start changing.”