Tezos Price (XTZ) Losing Steam After Dropping to Ascending Trendline?

Over the past week, (BTC)and altcoins have taken a serious hit and currently, Bitcoin is still down 7.09% since topping out at $10,485 on Feb. 13. Many altcoins that bore the brunt of the sharp correction are still nursing their wounds and the double-dip correction of the past week appears to have investors cautious about piling back into cryptocurrencies.

On Feb 15 as the entire market pulled back, Tezos (XTZ) dropped 22.62% but since Feb. 17 the altcoin has recovered 25.85% to trade at $3.50.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.