Tezos Price Prediction Today: Daily (XTZ) Value Forecast – July 31


  • On the upside, if the price is sustained above the EMAs and the bulls break the $1.3000 resistance level; the crypto's price will rise and retest the $1.8000  overhead resistance.

XTZ/USD Medium-term Trend: Bullish

  • Resistance Levels: $1.20, $1.25 ¸ $1.30
  • Support levels: $1.15, $1.10, $1.05

Yesterday, July 30, the price of Tezos was in a bullish trend. The bulls broke the 12-day EMA and the 26-day EMA  to reach the bullish trend zone. The coin reached a high of $1.3000 and was resisted. On the upside, if the price is sustained above the EMAs and the bulls break the $1.3000 resistance level; the crypto's price will rise and retest the $1.8000  overhead resistance.

Meanwhile, the price of Tezos has reached the overbought region of the daily stochastic but above 80% range. This indicates that price is in a bullish momentum and a buy signal.

XTZ/USD Short-term Trend: Bullish

On the 1-hour chart, the XTZ price is in a bullish trend. The 12-day EMA and 26-day EMA are trending upward. The price of Tezos had a bullish break as the crypto reach a high of  $1.3000 price level. The $1.3000 is now overhead resistance.

Each time the bulls tested the $1.3000 price level, the price falls to the support of either the 12-day EMA or the 26-day EMA.   Meanwhile, the price of Tezos is has reached the overbought region of the daily stochastic but above 20% range. This indicates that price is in a bullish momentum and a buy signal.

Live Tezos (XTZ) Price:

1 XTZ/USD =$5.6662 change ~ 2.32%

Coin Market Cap

$4.35 Billion

24 Hour Volume

$148.74 Million

24 Hour VWAP

$6

24 Hour Change

$0.13

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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