Tezos (XTZ) Price Prediction for July 20, 2025: XTZ Breaks Downtrend With 21% Weekly Rally
Tezos price has broken above its long-standing descending trendline for the first time in nearly seven months. The breakout, backed by strong volume and bullish indicator alignment, comes after XTZ rallied over 21% this week. As of writing, Tezos price today stands at $0.776, testing the 0.236 Fibonacci retracement level and eyeing the $0.82–$0.85 zone as its next challenge.
What’s Happening With Tezos’ Price?
On the daily chart, XTZ has officially breached a descending trendline stretching back to early January 2025. The breakout was confirmed by a strong candle close above $0.75 and accompanied by a full stack of bullish exponential moving averages (EMA 20/50/100/200). This marks a critical structural shift from lower highs to a potential uptrend.
The weekly Fibonacci retracement from the November 2024 high to the March 2025 low shows XTZ now reclaiming the 0.236 Fib level at $0.82. This opens the door to test higher retracement levels, with $1.03 (0.382 Fib), $1.19 (0.5), and $1.36 (0.618) acting as medium-term upside targets.
In addition, the Parabolic SAR has flippe…
The post Tezos (XTZ) Price Prediction for July 20, 2025: XTZ Breaks Downtrend With 21% Weekly Rally appeared first on Coin Edition.
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Tezos (XTZ) Price Prediction for July 20, 2025: XTZ Breaks Downtrend With 21% Weekly Rally
Tezos price has broken above its long-standing descending trendline for the first time in nearly seven months. The breakout, backed by strong volume and bullish indicator alignment, comes after XTZ rallied over 21% this week. As of writing, Tezos price today stands at $0.776, testing the 0.236 Fibonacci retracement level and eyeing the $0.82–$0.85 zone as its next challenge.
What’s Happening With Tezos’ Price?
On the daily chart, XTZ has officially breached a descending trendline stretching back to early January 2025. The breakout was confirmed by a strong candle close above $0.75 and accompanied by a full stack of bullish exponential moving averages (EMA 20/50/100/200). This marks a critical structural shift from lower highs to a potential uptrend.
The weekly Fibonacci retracement from the November 2024 high to the March 2025 low shows XTZ now reclaiming the 0.236 Fib level at $0.82. This opens the door to test higher retracement levels, with $1.03 (0.382 Fib), $1.19 (0.5), and $1.36 (0.618) acting as medium-term upside targets.
In addition, the Parabolic SAR has flippe…
The post Tezos (XTZ) Price Prediction for July 20, 2025: XTZ Breaks Downtrend With 21% Weekly Rally appeared first on Coin Edition.
Читать больше
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