Chainlink (LINK) Shows Bullish Momentum as Traders Target $14 Breakout

Chainlink (LINK) is attracting fresh analyst interest as technical patterns indicate a potential bullish reversal. The cryptocurrency has consolidated above $13 following an extended correction, with growing momentum toward the key $14 resistance level. A daily candle close above this price would confirm the breakout.

The Relative Strength Index (RSI) has broken its long-term downtrend and now holds above 50—a classic bullish signal. Market observers highlight decreasing sell pressure and renewed accumulation, with upside targets identified at $19.40, $22.55, and $26.10.

Chainlink's expanding utility in DeFi and real-world asset tokenization continues strengthening its fundamental case. Rising developer activity and new protocol integrations cement its role as essential Web3 infrastructure.