Chainlink is showing bullish signs, currently hovering around $14.99 after a recent pullback from its high of $16.00. The cryptocurrency continues to attract attention as it holds strong support at $14.60, with analysts eyeing a breakout above the descending trendline at $17.20 towards higher targets. This potential rise is fueled by rising RSI and EMA crossover signals, and increasing RWA development activity. Experts are watching closely for a move toward $19.50 and $22.00 after holding strong support. Technical indicators suggest bullish momentum with the RSI and MACD showing positive divergence. Chainlink’s network confidence is bolstered by its leading role in RWA development, as highlighted by Santiment’s recent report on higher GitHub activity compared to rivals like Avalanche and IOTA.