Rapid shot

• XTZ is currently trading for 0.82 USD (-4.36% in 24 hours) • XTZ RSI at 55.14 signals Neutral rush from MacD Divergence bear • The last correction occurs 24 July 25% price enhance from the etherlink layer extension 2 layers 2

What drives the price of tensos today?

The price of XTZ occurs in the correction phase after significant variability over the past week. On July 25, Tezos stood in the face of a 5.5%inheritance, which reduced the price from USD 0.9151 to around 0.8435 USD, which is a clear division into the latest Maks.

This withdrawal came only a day after an impressive 25% price enhance in July, when XTZ conducted the best profits from over 8% of profits within 24 hours. The initial rally was powered by increased DEFI activity in the LayerLink 2 network and growing institutional attention to the proof of stake ecosystem.

However, it seems that the rapid recognition of prices caused profits among traders, which leads to the current consolidation of about USD 0.82. The price of XTZ suggests that the market again assesses the fair value after the last jumping jumps.

XTZ Technical Analysis: Mixed Signals from Bear

The current Technical Analysis of TEMOS reveals a elaborate image with contradictory signals in various time frames. The daily RSI Tempa 55.14 is located on a neutral territory, which indicates neither even nor purchased conditions that provides space for movement in both directions.

However, XTZ MacD presents a more disturbing image for bulls. With the MACD line at 0.0708 and the signal line at 0.0824, a negative histogram -0.0116 confirms that the bears of the shoots are being built. This discrepancy suggests that a recent upward trend can lose a couple.

The average movable structure tells an engaging story for XTZ. The current price of 0.82 USD is located above 50-day SMA (0.65 USD) and 200-day SMA (0.72 USD), which indicates that the long-term trend remains intact. However, trade below 7-day SMA (0.87 USD) and near the 20-day SMA (0.81 USD) suggests short-term weakness.

Bollinger Tempi Temps show the price of XTZ placed at the middle band level, with reading %B 0.5153. This neutral positioning indicates that the price can go towards the upper band of $ 1.11 or the lower band to 0.52 USD, depending on market moods.

TEMios price levels: key support and resistance

Based on Binance market data, critical levels of support support are $ 0.58 for immediate support and USD 0.47 for robust support. The current price of XTZ 0.82 USD provides a reasonable buffer above these levels, but traders should carefully monitor these zones.

On the other hand, XTZ immunity seems to be threatening after USD 1.23, which serves as both immediate and robust resistance. This level is strictly in line with the latest highest level of 0.9151 USD, which has been rejected, which suggests that significant sales pressure exists in this respect.

The turn point at 0.83 USD is just above the current XTZ price, which makes it a key level for viewing. The decisive breaks above this level can signal the renovated stubborn rush, while the lack of storage can accelerate the drop in support zone by 0.58 USD.

The XTZ/USDT trading pair shows the daily ATR 0.08 USD, which indicates a moderate variability, which provides the possibilities of both traders and scalpers.

Should you buy XTZ now? Risk prize analysis

For miniature -term traders, the current XTZ price configuration is a challenging environment. Macd Momentum bears suggest waiting for clearer signals before establishing long positions. Conservative traders may consider waiting for a 0.58 USD support test, which would offer a better risk prize ratio.

Swing can perceive current consolidation as a potential accumulation zone, especially considering the robust foundations that drive Etherlink’s last activity. However, risk management becomes crucial, with rates of rates below 0.58 USD to reduce exposure to a decrease.

Long-term investors may consider the current XTZ price to be attractive, especially considering the 52-week range from 0.49 to USD 1.79. The current level is a significant discount from an annual growth while maintaining significant growth potential.

For investors focused on DEFI, the latest development of Etherlink provides additional fundamental support for Tesos, which suggests that July 24 could be the beginning of a larger trend, not an isolated event.

Application

The XTZ price has a key moment at USD 0.82, and technical indicators suggest continuous variability. While the recent correction weakened miniature -term sentiments, under the basis of defous drains and institutional interests in Tezos remain intact. Traders should carefully monitor 0.83 USD turnover in the next 24-48 hours, because the break above may signal the renovated stubborn rush, while the lack of storage can cause a test zone test 0.58 USD.

Image source: Shutterstock