Tezos Resumes an Uptrend; Can Bulls Break the $3.50 Price Level?
Feb 07, 2021 at 14:12
Tezos has been making an upward move but it is facing resistance at $3.50 high. The candlesticks are indicating long wicks. This implies that there is strong selling pressure at the $3.50 resistance zone. In a similar price action, on February 5 and 6, the bulls were repelled as XTZ slumped to $3.10 low.