- XTZ token price action is at the peak of the resistance by testing it several times, and a breakout is near to happen
- The volume of 24-hour in XTZ is increased by 127.33% at $1,639,611,617
- The XTZ/BTC currently values at 0.0001369, with a positive return of 17.75%
The daily technical chart of the XTZ token projects a bullish trend. According to pivots, XTZ’s solid support level is at $3.90. While on the other side, if it climbs up, the critical resistance levels to watch are $7.78, $10.0, $12.35, $14.50. The intraday chart shows a bullish engulfing candle with a large wick and projecting bulls control the coin.
While looking at the Stochastic RSI (OVERBOUGHT) – Provides us with a value of K-100 (blue) and D-92 (orange), Presenting an overbought scenario in XTZ token. Moreover, the investors may perceive a flat slant above the range of 80, and it may remain there in future trading sessions.
The Moving Average (MA) Exponential Ribbon consists of 8-EMA, ranging from EMA 20-55, acts as solid support in the asset price action. Investors may observe the ribbon has started to expand slowly and the price way above the ribbon, so until the price remains and sustains above the ribbon, XTZ’s bullish trend is ensured.
The volume of (8.72M) is above the Volume MA (3.13M) of 20-days. Massive buying pressure is maintained in Tezos to drive its price to excessive levels. Investors may also observe inclining volume in the asset, which indicates that price action may surge in future trading sessions.
Tezos (XTZ) Token Expecting To Hit Multiple Targets Of $10.0, $12.35, $14.50
XTZ token price traded at $7.77 with a gain of 9.72% over recent 24-hour and an increase of 41.80% in the weekly period. Besides, XTZ price action is way above the EMA Ribbon, leading to soaring in future trading sessions. In contrast, the market capitalization increases to $5.85 billion. Technically, investors can see testing at the resistance of $7.78. The Stochastic RSI index features a flat slant and values in an overbought region. Additionally, the price movement can be above the resistance of $14 in future trading sessions.
Resistance: $7.80, $10.0, $12.35, $14.50