$XTZ

Analysis #XTZ/USDT

The XTZ pair has broken through a descending channel with high trading volume, indicating a shift in momentum. However, the price is currently facing resistance from the 100-day moving average, which represents a resistance barrier.

A successful retest above the channel support or a break above the 100-day moving average confirms the continuation of the upward trend. It is important to closely monitor the upcoming price action to confirm the next move.