Tezos Price Prediction for Today, September 30 – XTZ Technical Analysis

The Tezos price prediction reveals that XTZ is moving with an uptrend, and the traders could expect an early arrival of a price rally.

Tezos Prediction Statistics Data:

• Tezos price now – $0.67
• Tezos market cap – $651.7 million
• Tezos circulating supply – 954.3 million
• Tezos total supply – 975.3 million
• Tezos Coinmarketcap ranking – #51

XTZ/USD Market

Key Levels:

Resistance levels: $0.75, $0.77, $0.79

Support levels: $0.60, $0.58, $0.56

XTZ/USD is currently trading bullishly as the coin remains above the 9-day and 21-day moving averages. The Tezos price has always sought to increase despite the pressure of the market. However, the crypto market is struggling with volatility, and the market will likely come out in the same way soon. The period after this one should be flourishing.

Tezos Price Prediction: XTZ Could Gain More Upwards

At the time of writing, the Tezos price continues to hold strong at $0.67, and the more the $0.65 support may be tested, the more it’s likely to break to the downside. However, if XTZ/USD abuses this level, the traders can expect the price to break beneath it at some point, and the critical support levels of $0.60, $0.58, and $0.56 may be tested.

For now, the Tezos price is hovering around $0.67 with the weak bullish momentum supported by the slightly positive technical levels. The resistance levels are located at $0.75, $0.77, and $0.79 as the technical indicator Relative Strength Index (14) crosses above the 50-level to increase the bullish movement.

XTZ/BTC May Break to the Upside

Against Bitcoin, the Tezos price has been slowly grinding higher and it is likely to cross above the 9-day and 21-day moving averages. The Tezos price is now contained within the channel as traders wait for the bulls to hopefully push the market higher while the technical indicator Relative Strength Index (14) moves to cross above the 50-level.

Moreover, if the bulls can break out above the upper boundary of the channel, traders can expect initial resistance at 2600 SAT. Above this, higher resistance could be located at 2700 SAT and above. From below, if the sellers bring the market beneath the lower boundary of the channel, traders can expect critical support at 2300 SAT and below.

Alternatives to Tezos

Currently, the Tezos price is showing signs of potential recovery, with the possibility of an upward movement toward the $0.70 resistance level. Moreover, breaching the upper boundary of the channel could provide an additional boost to the price. If the coin manages to remain above the moving averages, it might even establish a new high.

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