#XTZ (#Tezos ) The past two days have seen significant gains, and the chart looks promising! 📈

#xtz Surging! What's Happening?

Looking at the last 48 hours, XTZ is clearly showing its strength:

Strong Bullish Momentum: XTZ is maintaining an uptrend, with its price significantly above key moving averages (MA25 and MA99), which is a very bullish signal! 🟢 This indicates that demand is outweighing supply.

Volume Confirms the Move: The gains were supported by increased trading volume. This is crucial! High volume on green candles means the move is backed by genuine buyers, and the trend is robust.

Resistance Broken, Now Support? The price is hovering around $1.13 - $1.17, and has even tested higher levels. If XTZ holds above these levels, they could turn into new support, paving the way for further gains.

Key Levels :

MA(25): ~0.7682 USD

MA(99): ~0.6254 USD

The current price is well above both these indicators, pointing to strong bullish sentiment.

What's Next for $XTZ ?

XTZ, as a mature project with on-chain governance and continuous upgrades (like rollup integration), still holds power.

For Bulls: Maintaining the price above $1.10 is key. The target is to break $1.20 and test higher resistance levels.

For Bears: A potential correction could occur if XTZ fails to hold current levels. The nearest support is around the MA(25) ($0.76-$0.80).