Home XTZ/USD Technical Analysis: Tezos looks to test the upside again
Crypto News

XTZ/USD Technical Analysis: Tezos looks to test the upside again

FX Street
Updated:
  • Despite general crypto sentiment being poor XTZ/USD trades 6.17% higher.
  • The bulls are targeting 1.6513 to the upside for a trend continuations.

XTZ/USD Daily Chart

Tezos has been having a decent run and after two days of a retracement, the price has pushed higher today.

The RSI is also showing that momentum might be slowing as the RSI waves are making a lower high while the price is making a higher high.

The longterm trendline break on the chart is a bullish signal and an RSI trendline break could confirm the bullishness.

The high on the chart that the bulls could target is at 1.94 and a break of 1.65 could indicate we are heading in that direction.

Tezos Analysis

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2024