Looks like Tezos is forming a very similar pattern to BTC. I don’t like the continuation pattern after the last rise in price. It seems to me as if we’re heading for another dip. Look for support at 2.30$ or even possibly 1.90$.
So, 2.30$ it is …for now. With the overall market outlook, Corona getting into everyone’s head and a global recession in the making, I am fairly confident we will reach lower levels soon. Quite possible XTZ will try to regain some losses within the next one or two days. But I don’t see it overcoming a now monstrous resistance level @2.60$. I guess we’ll just have to sit back and watch mayhem take place.