Buyers will try to push the XTZ/USDT pair above the downtrend line
Tezos (XTZ) turned down from the downtrend line on Feb. 10, indicating that bears continue to sell on rallies. The bears will now attempt to pull the price to the uptrend line. The uptrend line has been acting as a strong support since March 2020. Hence, the bulls are likely to defend the uptrend line aggressively. If the price rebounds off this support, the buyers will try to push the XTZ/USDT pair above the downtrend line. If they succeed, the pair could signal a possible change in trend. This positive view could invalidate if the price breaks and sustains below the uptrend line. Such a move could open the doors for further downside.
The 4-hour chart shows the pair is in a firm bear grip. The price has dropped to the 61.8% Fibonacci retracement level at $3.32, which is an important level for the bulls to defend. A break and close below this support will increase the possibility of a drop to the 78.6% Fibonacci retracement level at $2.98 and later to the uptrend line.
The first sign of strength will be a break and close above the 20-EMA. Such a move will indicate that the selling pressure could be reducing. A possible short-term trend change will be signaled on a break and close above the 50-SMA.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 81.2% | 33 | $62 059.45 | -1.27% | 0.11% | $1 226 601 980 255 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 74.8% | 43 | $2 433.83 | 0.34% | -2.63% | $292 983 223 989 |  |
|
| 3 |  USDT |
Tether predictions | 91.2% | 1 | $0.999453 | -0.04% | -0.02% | $119 791 684 933 |  |
|
| 4 |  BNB |
Binance Coin predictions | 78.4% | 35 | $579.84 | 2.04% | 5.31% | $82 374 483 999 |  |
|
| 5 |  SOL |
Solana predictions | 78% | 45 | $142.74 | -2.06% | -3.02% | $66 984 756 078 |  |
|
| 6 |  USDC |
USD Coin predictions | 94.4% | 1 | $0.999931 | 0% | 0.01% | $35 134 574 221 |  |
|
| 7 |  XRP |
XRP predictions | 74% | 43 | $0.527264 | -1.57% | -12.22% | $29 824 207 335 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 83.6% | 32 | $0.106629 | -2.78% | -0.60% | $15 598 117 734 |  |
|
| 9 |  TRX |
TRON predictions | 96% | 1 | $0.158517 | 1.57% | 2.99% | $13 723 047 278 |  |
|
| 10 |  TON |
Toncoin predictions | 81.6% | 31 | $5.18 | -0.71% | -3.44% | $13 139 798 644 |  |
|
| 11 |  ADA |
Cardano predictions | 76.8% | 38 | $0.343700 | -2.18% | -3.31% | $12 016 129 800 |  |
|
| 12 |  AVAX |
Avalanche predictions | 67.6% | 60 | $26.35 | -2.03% | 0.91% | $10 708 947 140 |  |
|
| 13 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 92.4% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 54% | 94 | $0.000017 | -3.42% | 4.79% | $10 096 333 371 |  |
