- After a brief retracement Tezos us up another 5.86% on Friday.
- The old high is at 1.8607 around 17% away from the current price.
XTZ/USD 4-Hour Chart
Tezos has been retracing over the last couple of session to hit a wave low of 1.4340.
On Friday the price has started to push up once again.
In recent weeks XTZ/USD has been one of the best performing cryptocurrencies, rising 147% from mid-November to December’s high.
The price is above the 55EMA and just recently crossed the 200EMA.
Lastly, the RSI has also just pushed above the 50 mid-line to confirm the bullishness.