Tezos finds itself at a most critical juncture. $3.10 is possibly a more challenging resistance level for Tezos than $2.00 was earlier this year. The fact that xtz has not pumped above $3.10 yet during the recovery gives me hope that many of the would-be sellers on the ride up are exiting here. Thus, if we can get past this level many of the sellers will have left, clearing the way for buyers to take over the market.
The longer the battle for $3.10, the greater the odds that $3.10 shifts to firm support. Sustain a break above $3.10 and this is where things should become fun.
The longer the battle for $3.10, the greater the odds that $3.10 shifts to firm support. Sustain a break above $3.10 and this is where things should become fun.