• Tezos/USD is facing resistance and support at $3 and $2.33.
  • The price has broken down from a long-term ascending support line.
  • XTZ/BTC is following a descending resistance line.
Both the Tezos XTZ/BTC and XTZ/USD pairs have been on a downward trend for more than a month. While short-term bounces could occur, there are no signs that the price will reverse its current trend. Previous Breakdown The XTZ price has been decreasing since June 2, when it reached a high of $3.13. The high validated the $3 area as resistance since the price had also reached similar
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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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