TL;DR Breakdown Tezos price analysis is bearish for the next 24 hours.Tezos saw a bounce from $6 support today.Further upside currently gets rejected. Tezos price analysis is bearish for today as the market has bounced from the $6 support and currently rejects further upside around $6.5. Therefore, we expect XTZ/USD to go for another attempt to test the $6 support next. Cryptocurrency heat map. Source: Coin360 The overall market traded in the green over the last 24 hours. Bitcoin has gained 1.85 percent, while Ethereum is up by only 0.36 percent. Meanwhile, Solana (SOL) is the best performer, with a gain of 16 percent. Tezos price movement in the last 24 hours: Tezos bounce from the $6 mark XTZ/USD traded in a range of $5.93 – $6.71, indicating mild volatility over the last 24 hours. Trading volume has remained almost flat, as it has increased by only 0.71 percent and totals $708.7 billion. Meanwhile, the total market cap trades around $5,54 billion, ranking the coin in 31st place overall. XTZ/USD 4-hour chart: XTZ to go for another test of the $6 support? On the 4-hour chart, we can see the Tezos price failing to move significantly higher today, indicating another bearish move to come overnight. XTZ/USD 4-hour chart. Source: TradingView Tezos price action has seen bullish momentum return this month. After a drop to the $4 mark on the 7th of September, a new major swing higher low was set. From there, XTZ/USD g...
