Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
XXTZ is in a downtrend, hovering above the support trendline at $0.619. With the current price holding the support, XTZ will likely test the resistance trendline at around $0.981.
If the price breaks above the resistance, we are likely to see a bullish trend exploring the higher side of the chart.
Key levels:
- Support/Entry: $0.6 to CMP. - Primary Resistance: $0.981. - Long-term Target: All-Time High ($9.171). - Invalidation Point: A close below the support trendline.
DYOR, NFA.
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