您现在的位置是:Tezos (XTZ) could hit $2.4 after a steady relief rally >>正文
Tezos (XTZ) could hit $2.4 after a steady relief rally
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛54人已围观
简介Tezos (XTZ) has managed to establish a decisive upward trend as we end a troubled May in the crypto ...
Tezos (XTZ) has managed to establish a decisive upward trend as we end a troubled May in the crypto market. The coin appears to have significant upward momentum and will likely report more gains over the coming days. Here are some of the highlights:
Tezos has managed to regain the crucial $2 support
Consolidation around this price is happening right now.
XTZ will likely surge past $2.4 before any significant pullback
Data Source: TradingView
Can XTZ maintain this uptrend for long?
A rise above $2 is a clear sign that indeed a prolonged recovery runs for XTZ could be possible. In fact, if bulls can push the price action above $2.4 and keep it there for a few days, we could see XTZ add nearly 50% in early June. Besides, XTZ is coming from a period of intense sell-off during the first half of May. At one point, the coin bottomed at $1.4, the lowest it has been in 2022.
But we are seeing incredible recovery. XTZ has gained around 50% from its lowest price this year and appears to be headed for another 50% bounce. Nonetheless, this steady uptrend also suggests that XTZ is due for a correction.
However, we do not think this will happen anytime soon. In fact, XTZ will likely surge past $2.5 before some dip buyers start to cash out. The coin will however need to keep the price above $2 for this bullish setup to remain relevant.
XTZ – The short-term play
There is decent short-term play for XTZ buyers right now. The coin is hovering slightly above $2 which is an ideal entry point.
Buyers who enter at this price can hold XTZ for a few days and exit when the price nears $2.4. However, if the coin fails to close the day at $2 or above, wait for the next consolidation phase.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/133221.html
相关文章
Bitcoin Cash price prediction as volatility and volume slumps
Tezos (XTZ) could hit $2.4 after a steady relief rallyBitcoin Cash, like other cryptocurrencies, remained in consolidation in July.There are signs of rota...
阅读更多
China's mysterious space plane reportedly lands after 276
Tezos (XTZ) could hit $2.4 after a steady relief rallyBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.China'...
阅读更多
Future travelers may fly from London to Sydney in just two hours via space
Tezos (XTZ) could hit $2.4 after a steady relief rallyBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Travelers...
阅读更多
热门文章
- Ripple CEO Speaks Up On India Reconsidering Ban On Crypto
- ALE Co.'s Sky Canvas brings meteor showers to your backyard
- Iran Dedicates Three Power Plants To Bitcoin Miners
- Valkyrie launches new crypto trust on Avalanche (AVAX)
- AMPL/USD falls sharply after spiking 77% as sellers go for gains
- XRP holders to wait till 2023 for court's decision on Ripple vs. SEC
最新文章
Logan Paul under fire over $1 million bet proposal
Avalanche price prediction: Brace for more AVAX dilution
Taraxa (TARA) price up 800% this past week: What's next?
The Brazilian Senate passes a Bill to regulate Crypto Transactions
Apecoin rallies after Elon Musk changed his Twitter profile picture to Bored Ape
China's 'artificial sun' sets new world record by running for 403 seconds