😳Will $XTZ continue pumping?↗️↗️❓️❓️❓️Lets take a look at the Trend & Moving Averages
✅ Strong bullish trend – Price is well above the 25 MA and 99 MA, with the 7 MA acting as dynamic short-term support.
✅ The MAs are fanned out in a bullish alignment (7 > 25 > 99), confirming momentum.
⚠️ But price is starting to consolidate after hitting 1.2294, suggesting a possible cooling period.
🤔RSI is at 62, below overbought levels (70+), which means there’s room for another push upward before a major pullback.
However, 😳RSI is not making higher highs, while price recently did → slight bearish divergence risk.
MACD lines are above zero (bullish), but histogram bars are shrinking, indicating momentum is weakening.❗️❗️❗️❗️❗️
If MACD crosses bearish soon, a correction could follow.
🤑🤑🤑🤑Price Action
After a massive pump from 0.6384 to 1.2294, price is consolidating just under resistance.
If buyers step in, it could break out; otherwise, a pullback to 1.10–1.12 (7 MA area) or even 1.02–1.05 (25 MA support) is likely.
🤔What to Expect
✅ Bullish scenario: Breakout above 1.23 with strong volume could push to 1.30–1.35.
⚠️ Bearish scenario: Losing 1.10 support could trigger a deeper correction toward 1.02.
Buy or Sell?
If holding: Consider taking partial profits now, keep stop-loss around 1.10.❗️❗️❗️❗️❗️❗️
If buying: Wait for either
✅ A pullback near 1.10–1.12 for a safer entry, or
✅ A breakout above 1.23 with high volume.
If selling: Taking profits gradually makes sense since momentum is slowing. #xtz #GENIUSAct