$XTZ Shows Strong Momentum Against USDT
Tezos #XTZ has delivered an impressive performance in the last 24 hours, gaining 6.87 percent to reach 0.7890 against USDT. This sharp upward move signals renewed interest from buyers, supported by a strong bounce within the daily range of 0.7259 to 0.7896. With trading volumes crossing 3.54M in XTZ and 2.67M in USDT, liquidity remains healthy, indicating that traders are actively positioning themselves to capture further upside. The current valuation of Rs223.35 adds confidence for regional investors, reflecting steady demand and potential for continuation in the near term.
From a trading perspective, the breakout towards the daily high reflects strong bullish momentum, suggesting that XTZ may continue testing resistance levels if buying pressure holds. The coin’s fundamentals, backed by its staking rewards and on chain governance model, provide an attractive base for long term holders, while short term traders can look to capitalize on intraday volatility. As volumes expand and price action strengthens, traders should monitor resistance near the 0.7900 mark for possible breakout opportunities, while keeping an eye on the lower range to manage risk effectively. Tezos stands out as one of the notable gainers in the market, making it a preferred watch for profitable trades.