TEZOS ( XTZ ) Short Term Price Prediction

By skyislimit | CryptoCoin Predictions Series Short Term | 1 May 2020

Let see what we said last time
"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 have 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. "

XTZ /USDT Daily Chart

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We are below our ascending trend line and it had been a long time trading over but now weakness is in the XTZ market and sellers are pushing down. Resistance stays at $2.95 level and if daily close below this level then supports first is $2.80 then $2.70 and finally, the last support is near is $2.60. It might give some buying opportunities if you are a patient a little longer

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Resources

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Crypto Blockchain Tezos (XTZ) Price

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skyislimit

Dentist since 1985, Oracle Developer DBA since 1998 and trader 2000 and up today. I try to give my best future price predictions on certain coins and I do trade same way.

CryptoCoin Predictions Series Short Term

I will give you my ideas about certain coins and my trading strategy about the future I just want you know that i am not a financial adviser and any information i give in here is my personnel opinion . If you follow me regularly i will post updates and future predictions about coins i hold and trade . My price predictions are short and not detail ( since i do not to bore anybody with long readings )