Unexpected move from Tezos (XTZ): He has his eye on the top!

Tezos (XTZ), one of the most popular coins of the period, surpassed almost all altcoins with its increase in a short time.

Tezos (XTZ), one of the most popular coins of the period, surpassed almost all altcoins with its increase in a short time.

XTZ, who made a name for himself in the 2021 bull, has been quiet for a very long time. The XTZ, which was in the background compared to most of the altcoins, finally started to make the expected move. The XTZ, which managed to move upwards by struggling with the unstable price structure in BTC, challenged Celestia (TIA) with an increase of 10.55 percent in the last 24 hours. However, the popular coin, which is still at a less satisfactory level, has slowly started to arouse curiosity.

So far, the XTZ, which has frequently tested the $0.852 – $0.831 range, has encountered buyers with an appetite from here. In fact, it managed to reach $ 1.20 with its last test in this area. The XTZ, which is currently trading at $1,113, may target the levels of $1,167 – 1,209 – 1.27 – 1,347, respectively, with the wind behind it. The most critical point of the Fibonacci indicator, the 0.618 ($1.209) level, can be a decision-maker about the direction of the pair.
If the interest in XTZ is temporary, fud news is released to the market, or BTC eases to $41,500, a new wave of selling may start in the pair. In such a scenario, the $1,072 and $0.987 levels can be followed first. If buyers here fall short, pullbacks to $0.906 – $0.852 and $0.813 are highly likely. If the green box is lost, the superiority of the sellers will increase exponentially.

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