XTZ ! Finally waking UP ! Breakout soon
Xtz has been dormant since last summer in this market cycle and has been ranging for almost a year at this point.
Recently XTZ has started to show bullish momentum again and with an upcoming altseason XTZ may outperform other coins in the top 50.
Looking at the short term,6.53usd may be the region where XTZ may face resistance before breaking into new local highs.
After this level get cleared , XTZ will explode into new ATH likely.
XTZ may rally to 25-28usd in this market cycle as 2 factors are supporting it.
First using the recent peak and bottom on the corrective move ,4.236 extension gets to 28usd.
Using the rally prior to BTC's capitulation in 2018,placing the 0.236 on it,4.236 extension gets to 26usd.
#NFA
#altseason2021
Recently XTZ has started to show bullish momentum again and with an upcoming altseason XTZ may outperform other coins in the top 50.
Looking at the short term,6.53usd may be the region where XTZ may face resistance before breaking into new local highs.
After this level get cleared , XTZ will explode into new ATH likely.
XTZ may rally to 25-28usd in this market cycle as 2 factors are supporting it.
First using the recent peak and bottom on the corrective move ,4.236 extension gets to 28usd.
Using the rally prior to BTC's capitulation in 2018,placing the 0.236 on it,4.236 extension gets to 26usd.
#NFA
#altseason2021
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.