Following recent lows, prices of the token have steadily increased, and as of writing are 11.48% higher than at the same point last week.
In addition to prices, another resistance has been hit, as the 14-day RSI hit a ceiling of its own at the 50.20 point. Tezos bulls appear to be attempting to enter the $2 region, however this will likely not occur until we see a breakout of the RSI resistance.FLOW was also trading near a multi-week high on Tuesday, as prices rose by as much as 8% during today’s session.bulls may need to wait a while longer before re-entering the $2 region, FLOW was close to this point following today’s gains.FLOW/USD – Daily Chart
This is the highest point the token has traded since June 13, and comes as prices also hit a resistance point of $1.80. Bulls opted to secure profits rather than hold onto their positions, which resulted in prices falling lower as the session progressed.Tags in this story
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