XTZ/USD - Decisive moment: Sell & forget or there is still hope?

XTZ was a big disappointment in this bullish market considering it barely managed to double in price in 2021. Many expected more from this coin when LINK and DEFI exploded... yet XTZ barely moved by comparison.

Now after we hit the resistance at 5$, XTZ is correcting since mid-Feb. We're at the mid-point in this large ascending channel and at a decisive moment. Can XTZ show some bullishness or we're doomed to go back on the main support line at just under $3 exploring price levels we've had for most of late 2020...

XTZ is a poor performer, thus, if we fail to hold support here at around $3.7 it may be better to sell and forget about XTZ and look into more exciting and performant coins like DEFI or BSC ecosystem.

Either way, XTZ was not a great play in this bull market and may be good to reconsider if you want to hold this bag longer.

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