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 | 93.2% | 4 | $26 246.05 | 0.36% | -3.43% | $511 734 085 488 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 90% | 6 | $1 593.83 | 0.66% | -2.38% | $191 632 513 294 |  |
|
| 3 |  USDT |
Tether predictions | 94.8% | 1 | $0.999487 | -0.01% | -0.07% | $83 224 164 781 |  |
|
| 4 |  BNB |
Binance Coin predictions | 92.4% | 4 | $211.72 | 0.08% | -2.04% | $32 571 718 390 |  |
|
| 5 |  XRP |
XRP predictions | 92% | 8 | $0.503310 | -0.20% | -3.37% | $26 832 642 795 |  |
|
| 6 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000273 | 0.03% | 0.02% | $25 522 808 716 |  |
|
| 7 |  STETH |
Lido stETH predictions | 90.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  WTRX |
Wrapped TRON predictions | 88% | 16 | $0.084838 | 0.99% | 0.17% | $8 625 977 192 |  |
|
| 9 |  ADA |
Cardano predictions | 90% | 9 | $0.243917 | -0.07% | -4.68% | $8 568 448 261 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 94% | 6 | $0.060472 | 0.42% | -3.43% | $8 537 607 818 |  |
|
| 11 |  SOL |
Solana predictions | 85.2% | 23 | $18.91 | -1.18% | -6.86% | $7 807 388 894 |  |
|
| 12 |  TRX |
TRON predictions | 84.4% | 20 | $0.085113 | 0.64% | 0.41% | $7 583 242 853 |  |
|
| 13 |  TON |
Toncoin predictions | 58% | 86 | $2.15 | 0.87% | -11.29% | $7 362 786 595 |  |
|
| 14 |  DAI |
Dai predictions | 92% | 1 | $0.999873 | 0.06% | 0% | $5 347 208 180 |  |
|
| 15 |  DOT |
Polkadot predictions | 89.6% | 16 | $4.00 | -0.01% | -3.39% | $4 935 973 005 |  |
