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

Cointelegraph

Published Feb 21, 2020 03:41PM ET

Updated Feb 21, 2020 05:22PM ET

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

Over the past week, Bitcoin (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.

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