Chainlink Holds Strong at $14: Will Bulls Push LINK To $20?

Chainlink's price, currently around $15.21, recently rebounded from a 24-hour low of $13.07 after a 17% drop on March 3rd. Despite this recovery, the price is still down from a recent high and faces resistance around $15.29 and $17.30. Strong support appears to be around $13.12. A break above $17.31 could push the price towards $20, while failure to hold above $15.29 might lead to a retest of the $13.12 support level. In the past two weeks, 2.23 million Chainlink tokens have been moved to exchanges, increasing the total supply on exchanges to 197.14 million tokens, which could potentially put downward pressure on the price.