Tezos Rally is Seen Terminated at $0.80
Tezos (XTZ) prices are rolling back towards $0.77 after an unsuccessful attempt to pass through the resistance at $0.80. The token has rallied by 30% since October 20. Most intriguing is that there were no news associated with this rally. Partnerships of Tezos with McLaren Manchester United and RedBull Racing were rocking the agenda in early October. Thus, the recent upside is associated only with the spot Bitcoin-ETF rally. The sentiment is now turning to the negative side. So, without any good news that could push ZTX prices above $0.80 per coin it would likely slid to the support at $0.70.
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