• Tezos has broken down from an ascending support line.
  • There is support at 25,000 satoshis, strengthened by the 200-day MA.
  • XTZ/USD is following an ascending support line. There is a support area at $1.9
The Tezos (XTZ) price is approaching an important support level that could reverse the ongoing bearish trend. The reversal would be confirmed with a breakout above the current descending resistance line. The Tezos price has been decreasing at an accelerated rate since reaching a high of 37,930 satoshis on April 26. The price did not stop its descent even as it reached an important
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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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