The coin has formed a corrective elliot wave pattern.The elliot pattern suggests that the price can see a further down trend upto the level of $2.80.The price can also see a bounce back if there is surge in buying volumeTezos coin is above 50 and 100 Exponential Moving Average. The blue line of 50-EMA is currently at the level of $3.71 and making it temporary support for the price.
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