Following a false breakout on June 19, tezos has managed to trade above this floor, and bulls ensured that was once again the case, despite this week’s increased volatility.
Overall, the token is currently 7% lower from the same point last week, however the 10-day moving average, shows that short-term momentum is still somewhat higher. Should there be a cross of the 10-day and 25-day MA’s, not only could there be a break of the $1.70 resistance, but also a true attempt from bulls to recapture the $2 mark.
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ATOM has quite interesting developments ahead of it. Latest was dydx wanting to move from Ethereum and build their own blockchain.
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