Tezos, BAT, Decred Price Analysis: 28 January

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The crypto-market’s altcoins tend to follow Bitcoin ^[1] and when the king coin registers price corrections, it is common to see altcoins also take a slight hit. Such has been the case of late as in the last 24 hours alone, cryptos such as Tezos ^[2], BAT ^[3], and Decred have endured spells of sideways movement on the price charts.

Tezos [XTZ]

Source: XTZ/USD,^[4] TradingView

Tezos saw its price fall by close to 6 percent over the last few trading sessions, with XTZ having a valuation of just over $2.9 with a market cap of $2.2 billion, at press time. In the last 24 hours, on two occasions, the coin failed to breach the resistance at $3.06 and if a price correction sets in, the crypto may need the help of its immediate supports at $2.8 and $2.7.

The EMA ribbons settled below the coin’s price and were offering support. The Stochastic indicator for Tezos also looked promising as it was in the overbought zone, at the time of writing.

Basic Attention Token [BAT]

Source: BAT/USD ^[5], TradingView

Basic Attention Token aka BAT, at press time, was trading at $0.30 with a market cap of over $453 million. BAT has to go past the key resistance level at $0.32 in order to initiate further price discovery on the price charts. There was also a

Tezos, BAT, Decred Price Analysis: 28 January

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