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XTZUSD H2: BEST Level to SHORT IT 20/25%...
Could remain in the 2=4 range for a long time. Look to last year for some insight. XTZ led the way around the new year and the rest is history. XTZ is still up hundreds of percent off of its sub 50 cent lows in 18. Incredible. Anyone who is talking down on XTZ really doesnt know what they are talking about. It has been an incredible chart. One of the most bullish...
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XTZ is becoming more volatile, as prices are spiking, which could be the sign of a reversal in progress. However, it would need to bust through both the MA20, and the MA50, as well as the looming MA200 that is hovering over it. Multiple resistance levels offer a rough road for XTZ, which is very popular among one of the first staking tokens to hit Coinbase.
Price action of XTZ has found a very long term support on weekly chart. And this time priceline is again moving down towards this support.
On daily chart the priceline is moving within a down channel. The moon phases indicator is showing new dark moon appeared above support of channel and new full moon is at the resistance....
Wow XTZ has been holding a perfect range just like we had expected. I remember ppl being BEARISH af and that's completely NORMAL and its what i like to see when i know that something is starting to bottom out. Usually the sentiment goes to absolute shit bc of course the MAJORTITY are noobs who know nothing about charts or trading. XTZ has continued to put in macro...
Its weird that so many people are interested in selling right now. There is extreme fear in the altcoin market, in my opinion this is the best possible time to buy XTZ and other altcoins.
Buy Low Sell High
XTZ was sleeping while Bitcoin was pumping, but as we said before usually BTC goes up first and a few days or weeks later the alts gain quickly on BTC. There is a lot of dominance fud going around, but it's really silly to look at the BTC dominance, because many new altcoins are added so its not a reliable metric.
Shorting alts when BTC just pumped 1400 dollars...
Market in last 1 week
XTZUSD saw a downtrend followed by price riding the midline Bollinger band
Price volatility was very high. The market moved ~15.41%, between $2.45 and $2.12
Today’s Trend analysis
XTZUSD expected to see the sideways movement as the price is riding the midline Bollinger band after getting a rejection from the upper band