On Feb 9, the XTZ price broke out above an important resistance area found at $1.70. Since then, it has increased by almost 80%.
Tezos (XTZ) Price Highlights
There is support at $2.50 and $1.70.
There is resistance at $5.05-$6.00.
The price is following an ascending support line.
The medium-term RSI is bearish.
Full-time trader @CryptoMichNL outlined an XTZ price chart
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.