Tezos risks correction below record high with XTZ rallying 250% since July
A recent price boom in the Tezos (XTZ) market risks exhaustion as it triggers a classic bearish pattern. Dubbed as Ascending Broadening Wedge, the pattern develops when the price oscillates between two upward but diverging trendlines. According to its creator Thomas Bulkowski, these Wedges tell less about buying exhaustion and more about sellers’ ambition to […]
Bitcoin price risks losing weekly uptrend as NFT launch sends Tezos (XTZ) to 3-month highs
Bitcoin (BTC) ranged below a critical weekly close target on Sept. 10 as analysis warned its multi-week uptrend was in danger. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price lags $1,500 below crucial level Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at around $46,000 Friday after rejecting near $47,450 the day before. […]