Tezos Price Analysis: XTZ Arrives To The Alt-Season Party After 22% 2-Day Surge
bitcoinschannel.com
Against Bitcoin, Tezos is looking bullish again following a surge above the crucial resistance line (marked orange on the current 4-hours chart) forming since last month. It started the week bullish with about 18% gains as buyers resume pressure after a monthly correction to 24670 SAT level, which now acts as a base support for the XTZ/USD pair.
After surpassing the June resistance at 32100 SAT today, Tezos is now charging towards the 34000 SAT level. Once it manages to claim it, the next target would be at 37900 SAT level and perhaps to the current yearly high of 40730 SAT in the coming days.
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