Tezos (XTZ) Tests $0.73 as Seoul Protocol Upgrade Drives Mixed Technical Signals

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• XTZ is currently trading at $ 0.73 (+2.13% in 24 hours) • The TEZOS RSI at 45.57 suggests a neutral momentum with room for upward movement • Seoul protocol upgrade on test nets Signals attacking output

What drives Tezos -Price today?

The XTZ price has shown resilience last week despite mixed market conditions. The most important catalyst came yesterday when Tezos initiated the Seoul protocol -upgrade on two test networks, which marked a crucial step in the current development card of the blockchain. This technical progress shows the dedication of the project to innovation and can attract the interest of developers in the coming weeks.

However, market dynamics are also influenced by Bitvavo’s decision on 5 September to reduce the rewards of TEZOS, reducing XTZ flex -inserting yield to 1.4% and fixing to 3.5%. Although this adjustment is in accordance with broader platform changes in the crypto ecosystem, this can affect sentiment in the long term and the participation percentages.

The XTZ/USDT couple has maintained the stability around the current levels, with the 24-hour trade volume on Binance $ 1,426,944, which indicates moderate but steady market interests.

XTZ Technical Analysis: Neutral signals with Bullish Ondenonen

On the basis of Binance Spot market data, the technical analysis of TEZOS reveals a mixed but carefully optimistic picture. The XTZ RSI lecture of 45.57 places the token on neutral territory, which suggests that neither overbought nor over -sold circumstances. This positioning offers room for potential upward movement without the immediate sales pressure of technical indicators.

The advancing averages of Tezos paint an interesting picture of the market sentiment. While the current XTZ price of $ 0.73 is over 200-day SMA at $ 0.67, it remains under the shorter SMAs of 20 days and 50 days at $ 0.75 and $ 0.80 respectively. This configuration suggests that although the long -term sentiment remains positive, the momentum is facing the headwind in the short term.

The MACD indicator for XTZ shows Beerarish Momentum with a lecture of -0.0234, although the Histogram at -0,0001 indicates that this Bearish pressure is minimal. The Bollinger tires of Tezos position the token at 0.4033 and place it in the bottom half of the recent trade range but not at extreme levels.

TEZOS Price levels: Important support and resistance

Critical TEZOS -Supporting levels cluster around $ 0.69, which serves as both immediate and strong support according to current technical analysis. A break below this level could see XTZ price that the Lower Boundary of Bollinger Band is testing at $ 0.65, which means that extra sales pressure may be activated.

At the top, XTZ resistance appears at $ 0.88 for immediate challenges, with a stronger resistance to $ 1.03. The token should reclaim the $ 0.75 level (20-day SMA) to establish a more convincing bullish story. Given the current reach of 52 weeks between $ 0.49 and $ 1.45, TEZOS acts approximately in the middle of the annual range and offers room for movement in both directions.

The average actual range (ATR) of $ 0.04 indicates moderate volatility, suggesting that significant price movements may require significant catalysts or volume -gain.

Do you have to buy XTZ now? Risk-willing analysis

For short-term traders, the current XTZ price presents a neutral setup with light bullish bias. The Seoul protocolupgrade offers fundamental support, while technical indicators do not show extreme measurements in both directions. Traders can consider introducing positions near the current level with stops below $ 0.69 and initial goals at $ 0.80- $ 0.85.

Long -term investors can find the current appreciation attractive, in particular given the ongoing development of the development demonstrated by the protocolupgrade. However, the reduced rewards of large platforms such as Bitvavo can influence the decisions of revenue -oriented investors.

Risk management remains crucial because a broader crypto market sentiment can overwrite individual token fundamentals. Conservative traders have to wait for a clear break over the $ 0.75 resistance before they determine larger positions, while more aggressive strategies can accumulate on any dips to the $ 0.69- $ 0.70 support zone.

Conclusion

XTZ price action during the next 24-48 hours will probably depend on whether bulls can push above the resistance level of $ 0.75, which are currently coinciding with the 20-day advancing average. The Seoul protocolupgrade offers a positive fundamental background, but technical indicators suggest that patience may be needed before significant upward movement occurs. Traders must check volume patterns and wider market sentiment, with important levels at $ 0.69 support and $ 0.75- $ 0.80 resistance that defines the immediate trading range for Tezos.

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