Tezos Price Forecast: XTZ to mimic Filecoin and surge anothe

Tezos Price Forecast: XTZ to mimic Filecoin and surge another 70%


Apr 14, 2021 01:21 GMTCrypto News
Tezos price stubbornly holding the 10-day simple moving average (SMA) on pullbacks in April.
Tenderbake confirms transactions are finalized as soon as a block is created.
Daily and weekly Relative Strength Indexes (RSI) slightly overbought but not an obstacle.
Tezos price closed above the topside trendline on April 5 with a daily gain of 19% after failing three of the previous four days. Price action since breaking out has been sloppy, but initial profit targets first mentioned in an April 1 FXStreet post have been reached. However, based on the Filecoin precedent after its breakout above a topside trendline, XTZ speculators could see a further 70% gain from the current price.

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