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Positive Trend Begins In Tezos (XTZ) Token, May Hit $8.80

Long
BINANCE:XTZUSDT.P   Tezos / TetherUS PERPETUAL CONTRACT
Tezos token price was trading at $5.50 with 2.30% positive daily and 12.77% negative returns in the weekly period. Technically, the price took to support and recovered from the bottom. Hence, Indicator MACD signals positive crossover above the signal line. The Parabolic SAR also signals a buy signal in the coin. With the support of buying pressure, the price may hit the resistance level of $8.80 positionally in upcoming trading sessions, which will give returns up to 50% to the investors in the long term.

Resistance: $6.15

Support: $4.80

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