Opinion: Despite recent drop in value, analysts are optimistic about Chainlink (LINK) future price action

As reported by CryptoPotato, real assets (RWA) represent certain physical assets such as items, property, etc., and operate on the blockchain through smart contracts. In recent times, they have become quite popular, with a market capitalization of billions of dollars. According to data from market intelligence platform Sentiment, the RWA-type token with the most development activity in the past 30 days is Chainlink (LINK). Despite a 10% drop in two weeks, multiple analysts remain optimistic that the value of LINK will experience a bull run in the near future. Well-known user Ali Martinez claims that the TD (Tom DeMark) sequence "flashes a buy signal on the Chainlink 12-hour chart." He assumes that if LINK can stay above the key resistance level of $13.87, its valuation could soar to $15.50. In addition, CryptoWolf included LINK in the list of "mooners" for the next bull run, while SlumDOGE Millionaire considers it one of the top "blue chip" cryptocurrencies at the moment.