Tezos risks correction below record high with XTZ rallying 250% since July
The XTZ price rally, driven largely by Tezos' entry into the NFT space, has ended up painting a classic bearish structure.
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The XTZ price rally, driven largely by Tezos' entry into the NFT space, has ended up painting a classic bearish structure.
The so-called "Alonzo" upgrade did little in protecting Cardano from falling in tandem with the rest of the cryptocurrency market, though bullish technical factors remain.
The latest bout of buying has pushed SOL/USD's quarter-to-date gains up by more than 450%.
The bearish outlook appears also as Cardano's daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano's smart contracts launch and its mild correlation with Bitcoin keeps the…