Hey #Binance community! Let’s dive into the latest on XTZUSDT, the Tezos-USDT trading pair, as it makes waves on the charts! 📈 Here’s what’s happening:
🔍 Market Snapshot
• Current Price: ~$1.01–$1.04 (as of 10:13 AM IST)
• 24H Change: +46–47% weekly gain, breaking out of a 7-month downtrend!
• Trading Volume: $85M–$100M, showing strong market interest.
• Market Rank: Mid-tier altcoin with ~1B circulating supply.
📊 Technical Highlights
• Breakout: Price has surged past key resistance ($0.81), with targets of $1.50–$2.00 buzzing on X!
• Support Levels: $0.74–$0.95—watch these if momentum cools.
• Resistance Levels: $1.50 (short-term) and $2.00 (next hurdle).
• Indicators: RSI overbought (~91–92), MACD bullish—signs of a strong move, but caution advised!
• Volume Spike: Confirms the breakout, adding fuel to the rally.
💬 Community Buzz (from X)
• Bullish vibes dominate, with users eyeing $1.35–$2.50 if the trend holds.
• Some note overbought signals, hinting at a possible pullback to $0.80–$0.95.
• DeFi and NFT growth on Tezos are fueling the hype!
🌐 What’s Next?
• Short-Term: Eyes on $1.50 if momentum persists, with $0.95 as a key support.
• Long-Term: Potential to climb toward $2.00–$6.00 by 2030 if Tezos’ ecosystem thrives.
• Stay tuned for market moves—volatility is high post-breakout!
#cryptosignals #xtzusdt #bullrun $XTZ
