Tezos (XTZ) Prove ‘Bull Season’ Is Not Over! - Kakiforex.com - Financial Market Media No. 1 in the World Tezos (XTZ) Prove ‘Bull Season’ Is Not Over! Tezos (XTZ) Prove ‘Bull Season’ Is Not Over!
InstaForex

September 13, 2021

Tezos (XTZ) Prove ‘Bull Season’ Is Not Over!

 Some crypto assets like Tezos are proving that the bull season may not be over as they prepare to head to all -time highs (ATH).


Tezos rose nearly 80% in the last three days reaching its latest high of $ 7.65 in the past few hours.


The Tezos upgrade is approaching the latest ATH only by breaking a few more obstacles.


Some of the factors that have supported the consistently soaring price movement one of them is Doja Cat, a famous American rapper who has launched the NFT collection in the ‘OneOf’ market.


The Fire of Planet @DojaCat @OneOfNFT built on #Tezos !!

Had to be quick on this one!

🔥SOLD OUT FAST🔥 Lucky #14 #cryptocurrency #NFT #blockchain @DojaNews @MTV #VMAs pic.twitter.com/xGnuQoccTN


- 🌮INAD (@inad911) September 10, 2021


The multi-platinum recording artist brings a digital collection to his fans, OneOf is an NFT platform created on top of the Tezos blockchain network.



Next, look at the current movement chart of the XTZ/USDT price.


It can be seen that XTZ has produced a 111% jump in the September trading session and has approached ATH previously of $ 8.40.


From a technical point of view, the XTZ price movement is seen to remain in a bullish trend and is heading back to the resistance zone around $ 7.40.


If the price movement remains with a bullish trend, the resistance level around $ 7.40 will be tested first before making a higher jump.


It is also not impossible that if the XTZ manages to break through that level, it will test ATH before and make an aggressive leap.


However, if the price movement returns to see a bearish trend, the RBS (resistance become support) level around $ 6.8 will be tested first before continuing to decline to lower levels.


At the time of writing, the XTZ is trading at around $ 7.1 up over 18% in the last 24 hours.