On December 17, 2019, the Tezos price reached a high of 25,220 satoshis. It has been decreasing since. On January 16, it created a bullish engulfing candlestick and broke out above the descending resistance line in place since the aforementioned high. In lieu of this movement, bitcoin and altcoin trader EuroSniper (@TheEuroSniper) posted a Tezos price chart in which the price is
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