Tezos XTZUSDT price is at a critical point, where to go next?

Here is the whole trading history of the once quite popular pair XTZUSDT

The XTZ price grew skillfully during 2019-2021 from $0.35 to $9
And then a stable downward trend, which has been going on for more than a year

Now the XTZUSD price is at a critical point.
If buyers can gain a foothold above $0.75, there will be a good chance of working out the blue scenario. In the medium term, it is the growth to the liquidity zone of $1.20-1.80
If sellers do not meet resistance from Tezos buyers, and the XTZUSDT price is confidently fixed below $0.75, then the next purchase zone is not earlier than $0.46-0.56
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more

Kommentera:

Blue scenario is in the process of working out