Tezos (XTZ) Prices Are Committing An Impressive Up-Surge, Reaches The Level Of $2.70

  • Tezos prices are climbing up and facing heavy slight volatility due to the level of $2.70.
  • XTZ prices acquire a resistance level of $2.50 due to a massive surge.
  • The XTZ/BTC pair is performing well as there is a major gain of 5.96%  bringing the level to 0.00035444.

XTZ  prices lose the resistance level of $2.50 and now they are trying to achieve stability above the level of $2.70. The resistance line of $2.70 is providing heavy pressure to the current upsurge of the cryptocurrency as prices acquired a slight negative divergence.

Prices are moving with heavy bullish momentum and they did recover its current loss as Tezos prices reach the highest point in the recent month.

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The price level of $2.50 is supporting the price so that they can acquire a positive divergence. Prices need to maintain dominance at their current level in order to continue their gradual rise.

Currently, the prices are above the level of $2.65. The market capital is at $1,890,771,260 USD with volume traded of $356,732,265 USD and circulating supply of 708,142,181 XTZ.

Tezos XTZ Price Analysis


The technical chart indicates that prices are developing a sharp positive trade. There is a major positive divergence in the prices as they are overcoming the loss they bear and they might be caught up with the level of $2.80

The technical indicators and oscillators are showing an increase in the buying trade as it is turning blue indicating the strong buy of the commodity.

The MACD levels are showing a massive increase in the buying volume and they are rejecting the major dominance of selling volume. As bulls are finally parting their ways as there is a sharp positive divergence.

The 24-RSI  is trading near the level of 70 in the slight negative momentum, it had a sharp positive divergence but again it acquired a slight negative momentum and continuing its trade in it and might hit the level of 65.

The 24hr-CCI  is trading at the heights of the over buying region with a slight negative divergence in it.

Resistance Level: $2.75

Support Level: $2.60

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Ayush Malviya
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.

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