๐$XTZ / USDT Market Update
Current Price: $1.398
Change: +6.88% ๐
24H High: $1.398
24H Low: $1.260
$XTZ (Tezos), a leading Layer 1 blockchain project, has demonstrated impressive bullish momentum today, nearing the 7% growth mark in the last 24 hours.
Key Chart Insights (15-Minute Timeframe):
Moving Averages:7-MA (yellow): $1.385 โ supporting the price's current upward trajectory.25-MA (pink): $1.365 โ providing secondary support, showing a steady uptrend.99-MA (purple): $1.335 โ the long-term support level.Support Levels:$1.368 (recent consolidation point).$1.335 (longer-term trendline).Resistance Levels:Current resistance is at the 24-hour high of $1.398, a breakout here could signal further gains.
Volume Analysis:
XTZ Volume: 10.51MUSDT Volume: 14.02M
The trading volume indicates strong market interest and growing liquidity, aligning with bullish sentiment.
๐ก Trading Perspective:
The breakout potential above $1.398 could set a target around $1.42โ$1.45 in the short term. However, if retracement occurs, look for buy opportunities near $1.368 or $1.335 for risk-managed entries.
Will Tezos break its current resistance and surge to new heights? Drop your predictions below!
