We are starting out new WEEKLY long term prediction series with the top 10 cryptocurrencies. We will give you our thoughts about coins in a weekly period and let you know what we do expect that week. Daily still fluctuate up or down and we will be informing you of our SHORT TERM Daily prediction as usual too.
Now let's talk about XTZ in the long term ( weekly ). In order to give you weekly prediction first, we need to look at
XTZ /USDT Weekly Price Chart
We are trading our ascending trend channel at least about 4 weeks and last week we go over this channel but starting of the week we seen a selling pressure on XTZ and pushing this crypto back into the ascending trend channel. Volume is high and up every week and starting of the week looks like not much interest . In the long run, it will move higher and probably it will reach all the times high level but the weekly prediction is that support stays at $2.50 level and it may come to the downside to this level. If we look at monthly perspective then support is $2.62 level monthly.
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