- Tezos is trading 1% higher on a slow day for cryptocurrencies.
- The price has moved into a triangle formation, the market is looking for a break.
XTZ/USD 1-Hour Chart
Tezos is one of the better performing altcoins this month trading 13.5% higher.
The price has now formed a triangle pattern on the hourly chart and could rest over the weekend.
On Thursday the price rejected the high point of 3.33 and formed a bearish candle pattern.
Now the 3.00 level is acting as a psychological support but a break through would be an important sign.