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 | 69.6% | 54 | $28 035.57 | 1.66% | 4.95% | $541 839 096 808 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 78% | 39 | $1 775.07 | 1.02% | 1.84% | $217 221 883 335 |  |
|
| 3 |  USDT |
Tether predictions | 95.6% | 1 | $1.000976 | -0.19% | -0.14% | $78 562 701 230 |  |
|
| 4 |  BNB |
Binance Coin predictions | 76.4% | 51 | $323.46 | -0.40% | -2.95% | $51 071 426 316 |  |
|
| 5 |  USDC |
USD Coin predictions | 94.4% | 2 | $0.999601 | 0.01% | -0.01% | $34 392 573 197 |  |
|
| 6 |  XRP |
XRP predictions | 85.2% | 21 | $0.428645 | -4.23% | 14.37% | $21 839 846 254 |  |
|
| 7 |  HEX |
HEX predictions | 58.8% | 82 | $0.096384 | -19.91% | 10.66% | $16 714 004 185 |  |
|
| 8 |  ADA |
Cardano predictions | 76% | 43 | $0.362541 | -2.33% | 6.05% | $12 588 135 268 |  |
|
| 9 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 74% | 51 | $0.075059 | -2.95% | 0.21% | $9 958 117 300 |  |
|
| 11 |  MATIC |
Polygon predictions | 76.4% | 48 | $1.11 | -1.01% | -7.45% | $9 708 811 453 |  |
|
| 12 |  SOL |
Solana predictions | 74.4% | 52 | $21.67 | -0.29% | 6.07% | $8 316 110 713 |  |
|
| 13 |  BUSD |
Binance USD predictions | 92% | 1 | $0.996930 | -0.27% | -0.39% | $8 039 266 757 |  |
|
| 14 |  DOT |
Polkadot predictions | 71.6% | 49 | $6.16 | -0.32% | -4.71% | $7 244 608 987 |  |
|
| 15 |  LTC |
Litecoin predictions | 68% | 58 | $91.86 | 0.28% | 9.72% | $6 664 265 906 |  |
