Tezos price capped below $2.2 but bulls are showing upside strength

XTZ/USD price has declined 5% today but could rebound by more than 20% if bulls maintain upward pressure towards a key level The price of Tezos’ token XTZ is changing hands around $2.13, up from 24 – hour lows of $2.04 registered yesterday. A break above the moving averages could see buyers push for prices around $2.2, which suggests a 20% uptick from current levels.

Ethereum’s price as a percentage of Bitcoin is down to about 3%, with the Ether bulls likely to cede the initiative to the bears if the price tanks below $350. Zcash (ZEC) and NEM (XEM) are among the biggest losers with their respective prices tanking by more than 10% in the past 24 hours.

Timeline of Bitcoin, Nem, Tezos, Zcash