Tezos May Be on the Verge of a Breakdown, Analyst Claims

Reported today on Being Crypto

For the full article visit: https://beincrypto.com/tezos-may-be-verge-of-breakdown-analyst-claims/

The XTZ price has retraced to a significant fib level and began an upward move. It is trading in a short-term bearish pattern, out of which a breakdown is expected.

Tezos Highlights

The XTZ price has retraced to the 0.618 fib level.

The price is likely in a long-term upward trend.

It is trading inside an ascending wedge.

Short-term indicators are bearish.

There is support

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Tags: PremiumXTZ/BTC

Post Author: CoinCryptoNews