CryptoPAMM

Tezos (XTZUSDT) Emerges as a Cold Crypto Wallet Contender

Long
BYBIT:XTZUSDT.P   XTZUSDT Perpetual Contract
The world of Cold Crypto Wallets is abuzz with excitement, and the spotlight is now on Tezos (XTZUSDT). Following the footsteps of SafePal's promising potential, Tezos takes center stage with a super bullish price action that demands attention.

Zooming into the specifics, let's delve into XTZ's long-term chart, where a fascinating transformation unfolds. The supply zone undergoes a metamorphosis, seamlessly transitioning into a demand area near the psychological milestone of $1. Tezos price pays its respects to this demand area in recent weeks, all while gracefully maneuvering within the confines of an ascending channel.

Over the next month or two, anticipation builds as XTZUSDT sets its sights on the $1.33 supply area—a pivotal destination aligned with the 161.8% Fibonacci retracement level. Therefore, we can expect a potential 40% price surge, a significant feat considering the sluggish altcoin market we've witnessed in recent months.

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