Chainlink and Tezos Extend Higher as Bitcoin Price Approaches $10K

Cointelegraph

Published Feb 18, 2020 02:45PM ET

Updated Feb 18, 2020 04:42PM ET

Chainlink and Tezos Extend Higher as Bitcoin Price Approaches $10K

Lately, the best-performing assets have been Chainlink (LINK) and Tezos (XTZ), which is noteworthy considering this is lengthy bullish price action from large-cap cryptos other than Bitcoin (BTC) and Ether (ETH). Chainlink is up 165% since the start of this year, while Tezos made a 180% upwards move. These upward movements warrant an analysis of the charts.

The XTZ/BTC 3-day chart shows a clear breakout of the resistance at 0.0002570-0.0002600 satoshis. This level was a significant resistance for a long time, as the price of Tezos failed to break through this level four times in the past 18 months. The fifth attempt finally made a definite breakthrough.

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