"XTZ/USDT: Navigating the Road to Recovery"
Tezos $XTZ
{future}(XTZUSDT)
is showing signs of recovery as it trades at 1.270 USDT, reflecting a 3.25% daily gain. The 24-hour range between 1.211 and 1.457 indicates an active session, with the RSI at 50.97, pointing to a neutral momentum that could tilt in favor of buyers if sustained. The MACD has begun forming a positive divergence, hinting at a potential trend reversal after testing the support level at 1.248.
Immediate resistance lies at 1.300, with a breakout possibly targeting the psychological level of 1.400. However, traders should remain cautious as volatility persists. Long-term holders may find the recent price action encouraging, supported by solid recovery trends in the past 90 days (+84.72%). Monitoring key levels and volume will be crucial in assessing the next move for XTZ.
#XTZ #Tezos #CryptoAnalysis #Trading