XTZ Price Pushes Higher: Tezos Price Predicted To Reach $1.80!
• Tezos (XTZ) is currently pushing higher with 9.04% gains as the coin manages to face the north.
• The Tezos price prediction shows that XTZ may continue to follow the uptrend if the bulls increase the buying pressure.
• If XTZ/USD needs to see a shift in momentum, the bulls may need to push the price above the channel as the nearest resistance level could be established around $1.40.
Tezos Price Prediction
The Tezos price prediction shows that XTZ is currently pushing higher with 9.04% gains as the coin manages to face the north.
Market Key Levels
XTZ/USD Market Key Levels: Resistance levels: $1.60, $1.70, $1.80 Support levels: $1.00, $0.90, $0.80
Price May Be Ready for Upside
At the time of writing, Tezos price may continue to follow an uptrend if bulls increase buying pressure and break above resistance level of $1.40.
This would take XTZ potentially up to resistance levels of $1.60,$ 1.70 and 1.80 while technical indicator Relative Strength Index (14) moves into overbought region.
Nevertheless, it is likely that XTZ/USD will create additional gains as all technical indicators confirm upwards movement.
If market dips below moving averages a bearish movement towards lower boundary of channel could cause Tezos price to revisit downside hitting support levels at $1, 0 , 90 and 80 respectively.
Against Bitcoin
Against Bitcoin ,Tezos(XTZ) continues to demonstrate some positive signs across market and long term bullish movement within channel could take coin up higher . >Conclusion
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Overall ,the Tezos Price Prediciton shows potential for further growth with signs of increasing bullish momentum .However ,in order for this momentum to be maintained there must be sufficient buying pressure from te Bull side in order for any breakout above resistance level at 1 .4o . To maintain any potential gains ,te Bulls will have ensure continued momentum by holding ground at support leveks of 1-00 , 90and 80respectively .