Tezos, Ethereum Classic, EOS Price Analysis: 21 February

ambcrypto.com:

Despite a 24-hour surge in the global crypto market cap, the Bitcoin fear and greed index plunged into an extreme fear zone. Tezos and Ethereum Classic revived from the oversold region as buyers endeavored to break out of the reversal patterns.

On the other hand, EOS broke out of its wedge and revealed increasing buying pressure.

Tezos (XTZ)

Source: TradingView, XTZ/USDT

XTZ witnessed an 81.2% ROI (from its six-month low on 24 January) while forming an ascending channel (yellow). Then, the sellers stepped in to stall the rally at the $4.5-mark. As a result, the alt saw a nearly 26% pullback in the last 11 days.

Meanwhile, XTZ formed a falling wedge (white, dashed) on its 4-hour chart. As the buyers maintained the $3.2-floor, any close above the upper trendline of the wedge would propel a breakout. The $3.4-ceiling would be an area for investors to look out for in the near term.

At press time, the alt traded at $3.36. Over the last day, the RSI showed revival signs as it rose from the oversold region. If the buyers keep building up pressure, the alt eyed to topple the 37-resistance. But the recent pullback volumes have been higher than recovery volumes. Thus, the bulls still needed more volumes to initiate a trend-altering rally. 

Ethereum Classic (ETC)

Source: TradingView, ETC/USDT

Since its nine-month low on 22 January, ETC registered a staggering 76.2% ROI and poked above the $36-resistance.

Since then, it saw a 25% pullback in the last ten days while the bears tested the $27-level. From here on, the immediate retest level stood near the upper trendline of the falling wedge (white).

At press time, ETC was trading at $28.14. Over the past 24-hours, the RSI reversed from the oversold region and tested the 42-resistance. It still