- Tezos price declined by 1.52% in the past 24 hours.
- Bears have now fully taken charge of the XTZ market.
- Indicators forecast the decline might continue.
Following a bullish trend yesterday, the Internet Tezos market is once again under the hands of bearish, with prices falling by 1.52% to $0.7607. Since this bear market has continuously dominated the market, the bullish attempt at a reversal was deemed invalid after running into strong resistance at 0.773.
As a result of the bear grip, the market capitalization of the Tezos market decreased by 1.35% to $701,552,527. Selling pressure is seen to increase as traders leave the market out of concern of more price decreases as the 24-hour trading volume also drops by 25.64% to $14,849,708.