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Tezos Price Prediction – Price will soon increase by 175%!

 


The Tezos course was able to increase in value extremely in the last bull run. Just like many other cryptocurrencies. However, we can set a rather peculiar price movement in the chart image of the Tezos course, which also causes a chart pattern to appear in the image. Because of this, we are going to explain the course to you today and explain why, in our opinion, the course could soon increase by around 175%.


The Tezos course has been in a trend channel since 2020. This trend channel has often served as resistance and support, which is why we would continue to assume that the price uses the resistance line and the support line. Having tested the support line for the past week, we now expect the Tezos price to rally to the resistance line. This means that the price could rise by around 175% in the near future. To be precise, the target is $10.


The Tezos course has two intermediate goals. Those targets are two resistances located at $4.88 and $8.46. At these levels, price could turn lower again to either correct briefly or see a complete trend reversal. However, we rather expect Tezos price to use these levels as short-term corrections or supports to rally to $10.

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