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Cryptopolitan 2021-09-13 11:40:13

Tezos Price Analysis: XTZ/USD bulls overtaking bearish market as they eye the $10 mark

TL;DR Breakdown Tezos price analysis is bullish for today.XTZ/USD spiked to $7.6XTZ saw retracement to $6.6 Tezos price analysis is bullish for today as both a higher high and low was set over the last 24 hours. Therefore, as long as the $6.50 support holds, we expect XTZ/USD to increase and move towards further highs. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded in the red over the last 24 hours as bears took over the market momentum overnight. The market leader, Bitcoin, has declined by 0.96 percent, while Ethereum remains flat. Solana (SOL) is among the best performers, with a gain of 6.42 percent. Tezos price movement in the last 24 hours: Tezos retraces to $480 XTZ/USD traded in a range of $6.6 – $7.6, indicating mild volatility over the last 24 hours. Trading volume has increased by 156.12 percent and totals $2.095 billion, while the total market cap stands at $6.64 billion, ranking the coin in 30th place overall. XTZ/USD 4-hour chart: XTZ prepares for another rally? On the 4-hour Tezos price analysis chart, XTZ/USD  looks to close bullish in preparation for further upside over the next 24 hours. XTZ/USD 4-hour chart. Source: TradingView Tezos price prediction is bullish today as a slightly higher low was set over the last 24 hours. Overall, XTZ/USD has gained more than 100 percent over the past month after a new swing low was set around $3.50 on the 20th of July. Since the previous maj...

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