đ **XTZ Weekly Recap ⢠July 13 â 19+**
đ¸ Jul 13 Open: ~$0.62
đ¸ Midâweek steady climb: ~$0.64 â $0.67 by Jul 17
đ¸ Jul 18â19 breakout: Broke above $0.70, closing Jul 19 around $0.70
đ¸ Todayâs surge: XTZ skyrocketed to $0.99â1.00, up ~41% in 24âŻh and ~58% over the week
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đ XTZ RealâWorld Use Cases
Onâchain governance & upgrades: Unique selfâamending chain with community voting that avoids contentious hard forks
Staking (âbakingâ): Delegators or bakers earn ~6% APR, securing the network via Liquid PoS
Secure smart contracts: Strong formal verification supports highâassurance DeFi and institutional apps
Ecoâfriendly PoS: Energyâefficient consensus model makes it greener than traditional PoW chains
Tokenization & NFTs: Supports FA2 standardâenabling NFTs and realâworld asset tokenization
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đ Outlook & Sentiment
Technical summary:
⢠Long-term resistance cleared: $0.70â0.75 now support
⢠Next upside check: $1.00, followed by potential target zones around $1.03 (0.382 Fib) and **$1.19 (0.5 Fib)**
Strength in structure: Trendline breakout, bullish EMAs, strong momentum indicators all confirm trend reversal
Catalysts: Rising inflows, ecosystem updates (like Etherlink L2), and momentum from breakout heighten attention
Watchouts: After rapid gains, a pullback/testing near $0.82 or $0.68 support is possibleâwatch volume and on-chain flows
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đ§ Summary
XTZ kicked off at $0.62 on July 13 and exploded to ~$1.00 by July 20âan impressive +60%+ rally over the week. Backed by strong fundamentalsâgovernance, staking yield, secure smart contracts, ecoâfriendly design, and tokenizationâTezos has transitioned into a full-on breakout phase.
Keep an eye on $1.00 as near-term resistance. A sustained close above could open $1.19+; however, healthy pullbacks toward $0.82â0.90 may establish a firmer base.
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