Tezos (XTZ) Records 7-Day High, Golden Cross Denotes Bullish Breakout

• Tezos (XTZ) sees bullish control and potential resistance at $1.30 and $1.40.
• Golden cross signal and rising above moving averages signal likely uptrend.
• Bearish crossing in Klinger Oscillator signals possible correction, but KST suggests buying opportunities.

Tezos (XTZ) has risen from an intraday low of $1.07 in the previous 24 hours owing to positive market domination. As a result of the solid bullish control, the XTZ price gradually rose to $1.24, its 7-day high, demonstrating the bullish control. At the time of writing, the price of XTZ had risen to $1.19, an increase of 10.51 %.

If the bullish momentum continues and the $1.24 resistance level fails to hold, the next resistance levels might be around $1.30 and $1.40, respectively. But, if bearish pressure prevails, support levels at $1.10 and $1.00 may be tested.

Traders boarding the bull train increased market capitalization and 24-hour trading volume by 10.28% and 193.41%, respectively, to $89,910,019 and $89,910,019. This increase was driven mainly by increased demand for the asset as more investors tried to capitalize on the optimistic market trend and prospective rewards.

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