looking at the xtz btc pair, several signals are given that point to huge upward move coming. For xtz this is big news. XTZ has been relatively slow to grow compared to other altcoins. But when the xtz btc pair move up xtz grows significantly.
So based on the xtz/btc chart, We see the MACD in a strong upward trend and is currently testing the support. It will likely hold. You can see significant volume increase as well over last few weeks with price climbing supported by big volume. When the current BTC correction begins to move sideways, expect big moves of btc into xtz. This would push XTZ USD price high. I see 4.50 and 5.00 coming very quickly followed by 7.50 and 8.00 if this plays out.
This could take a while. I don't know how long the btc correction will last. but I see the above scenario playing out within about 3 weeks.
So based on the xtz/btc chart, We see the MACD in a strong upward trend and is currently testing the support. It will likely hold. You can see significant volume increase as well over last few weeks with price climbing supported by big volume. When the current BTC correction begins to move sideways, expect big moves of btc into xtz. This would push XTZ USD price high. I see 4.50 and 5.00 coming very quickly followed by 7.50 and 8.00 if this plays out.
This could take a while. I don't know how long the btc correction will last. but I see the above scenario playing out within about 3 weeks.
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