As you can see, XTZ has broken out of it's falling wedge formation, signaling a temporary bottom.
In addition, the price has retested the previous breakout line and appears primed to continue upwards.
Next major resistance looking to be around the $3.02 level. Ultimately, if the formation plays out, target #1 will be in the $3.50 zone.
In addition, the price has retested the previous breakout line and appears primed to continue upwards.
Next major resistance looking to be around the $3.02 level. Ultimately, if the formation plays out, target #1 will be in the $3.50 zone.
Yorum:
