Is $XTZ skyrocketing 112% in the past month? Can we still enter the market now?
Due to new demand for altcoins, XTZ surged 47%, reaching a 6-month high of $1.22. Although whales dominate the market, profit-taking could disrupt the upward trend. At this point, the focus is still on buying the dip.
XTZ's market capitalization has reached $1.22 billion for the first time since January, reflecting increased capital inflow and on-chain activity. This has stimulated the rebound of XTZ.
Current XTZ whales can return to the market, either closing their losing positions or increasing their holdings. When observing spot trading volume, I found that most of these whales are accumulating. This indicates a positive outlook for XTZ.
For subsequent operations, those with large capital can enter now after a pullback to increase their positions, while those with smaller capital should hold on after the pullback. Meteor predicts that it will reach a high of 1.8 this month.
If you want to seize this bull market, it's definitely too late to learn and sell on the go; it’s best to have someone guide you through it quickly, so you can start paying attention now!
