Accumulation of XTZ?
Updated
- Weekly volume is picking up for XTZ it's been steady up since the start of the year
- Weekly and daily energy is charged up
- Weekly and daily charts are trending up
- On the weekly chart it's in heavy accumulation zone ($2 to $2.90, currently holding at the upper threshold)
Outside of TA:
- Coinbase is offering a 4+% APY rate
- Other wallets and exchanges are allowing staking (have been for a while now)
- Garyscale registered a Tezos Trust last month
- U.S. Inflation concerns
Trade closed manually
This is a solid win. XTZ hit $5.50+ yesterday with both weekly and daily charts at exhaustion. XTZ should spend some time consolidating and recharge energy on the weekly chart before the next move up.
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