Price falls excruciatingly low after hitting the $6.31 limit

The Tezos price analysis reveals the cryptocurrency is going through a major loss as the price has been facing a constant decline for the past few weeks. The bearish momentum has been on the rise and a downward trend has been observed throughout the last two weeks. This has cast quite negative effects on the overall market value of XTZ/USD as a constant devaluation has been following. The price has moved down to the $6.31 level after the continual bearish pressure.