Several leading cryptocurrencies have seen a slump lately. Bitcoin was down by 0.8% over the last 24 hours, Ethereum too lost value by 1.6% within the same time frame.
For Tezos, market capitalization fell by 5.10% at press time owing to its daily decline. Ethereum Classic has seen a considerable dip in buying pressure since the last week of June. The downtrend in DASH’s price could drop further below to the support level of $110.
Tezos [XTZ]
XTZ/USD, TradingView
The price movement of Tezos saw a downside over the last couple of days. With mostly bearish outcomes, the coin could dip below its press time price level of $2.44. At the time, the alt was trading in the green, but it hovered very near to the next support level of $2.30.
If the decline continues, XTZ could rest on the support level of $2.30 or even below that. With XTZ’s price at $2.44, at the time of writing, the coin marked an 11.5% decrease over the last week.
The dotted lines of the Parabolic SAR were aligned above the candlesticks since July 13 and at press time, the indicator gave off the same reading owing to further drop in prices. Market strength diminished along with the price, and the Average Directional Index stood a…
