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XTZ Aims For 10% Price Jump If It Defends Key Support Level

XTZ aims for 10% price jump if it defends a key support level as it seems to be contained inside the ascending parallel channel as we can see in today’s Tezos price news. Over the past week, Tezos had a rough few days as the digital asset lost more than $300 million in market cap as BTC continues gaining dominance on the market. Despite the downtrend, the bulls are defending the support level which can help XTZ greatly. On the hourly charts, the price of XTZ seems to have formed an ascending parallel channel with the lower boundary below the…

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XTZ Price Prediction Shows Uptrend Could Be Stopped By Resistance Wall

XTZ price prediction shows the uptrend could be stopped by a resistance wall at $3 as the coin is now trading at $2.37 after a 22% increase in the past week. In our Tezos news, we are reading more about the price analysis. Tezos had a market capitalization of about $900 million at the start of 2020 but a few months later, the digital asset managed to reach $3.1 billion and after the pullback, it still has about $1.78 billion which is twice as big as it was at the start of 2020. Despite the two recent price bounces, the…

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XTZ May Drop Towards $3.00 As The Selling Pressure Enhances

XTZ may drop towards $3.00 as the price action the past week as favoring the sellers and the buyers were unable to catalyze the strong uptrend while still being unable to protect the asset from today’s market sell-off so let’s read more in the following Tezos news. The drop seen by the cryptocurrency at the start of the day led to the plunge of new lows at $3.60 which marks a huge decline from its multi-day high of $4.40. The sharp decline marked a bearish resolution to a consolidation phase that the cryptocurrency was caught within recently. Where it will…

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XTZ Long Positions Set ATH As Traders Start Flipping Long: Report

The XTZ long positions set an all-time high after it saw some strong price action in recent weeks with the price facing choppy trading over the past few days.  It seems that the cryptocurrency recent price action became decorrelated from Bitcoin and the rest of the market showing striking similarities seen with Chainlink so let’s find out more in the Tezos news. Analysts are now noting that the strong market structure could be enough to propel it higher in the upcoming days and weeks ahead. The traders seem to be taking notice as the XTZ long positions set ATH on…

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XTZ/USD Price Analysis Shows 2% Drop, Testing $3.00 Level

The XTZ/USD price analysis shows a 2 percent drop in only a few minutes and the pair will now be testing the $3.00 price range as we are reading more in the latest Tezos news. The XTZ/USD price analysis shows there was a sharp decline with a slight growth on Thursday and now the coin is testing the critical support created 200-day SMA  at the $3.00 level. Tezos reached an intraday high of $3.23 and retreated to the psychological level of $3.00as the coin lost more than 2% in a matter of minutes but the bullish momentum decreased while approaching…

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Tezos Long-Term Price Analysis Shows Altcoin Making Amazing Returns

The tezos long-term price analysis shows that the altcoin is noting amazing returns with the altcoin surging by 46% in less than two weeks. The market cap stood at $2.6 billion with the crypto being positioned below EOS on the charts as we are reading more in the upcoming Tezos XTZ news. With the altcoin price surging, XTZ’s time arrived and it seems to be preparing for more. The chart attached shows the weekly price action for XTZ and it can be seen that the findings are bullish considering the three higher highs that were forming in the past 2…

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