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  • Tezos is flat for the session while most of the crypto majors are lower.
  • The support zone highlighted is holding firm for now.

XTZ/USD 1-Hour Chart

One thing you get to learn after being in the market for a while is when the majors are falling and one hangs around, you keep an eye on it.

This is the case with Tezos. Its been one of the outperformers so far this year. Every time the majors sell off it holds and only loses a respectable amount.

Then when the rally comes it increases in double figures in almost every rally.

Its obviously hard to predict the future and if we get a bigger sell-off then it just might fall some more.

But if there is another crypto rally keep an eye on this altcoin.

The two key support levels are the psychological 3.00 zone and 3.50. On an intraday standpoint if the market fall below 3.50 then 3.20 was slightly sticky.

On the upside, 3.943 is the all time high.

Tezos Technical Analysis