Tezos Price Analysis: 24 January

Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice
The cryptocurrency market has been forming crests and troughs along the way. As the value of Bitcoin has been dropping from $42k and this trend has been followed by the altcoin markets too. The value of Tezos has been moving like a wave too, witnessing momentary highs and lows.
Despite the rising price of the cryptocurrency, the coin may see a dip in the near future and opens up an opportunity to short the coin. At the time of writing XTZ’s price was $3.20.