XTZ 6h. Buyer's weakness will push the price to $1.9

21. Okt. 2020

Consolidation in the XTZ market lasts exactly one month. The month after the XTZ price fell by 56%.
The main achievement of buyers for all this time is the test of critical level $2.4. However, this local upward trend has deep corrections and is not at all the slope angle that could inspire for reversal.

If we look at the situation locally, the critical point for the downward trend from 14 October is at $2.25.

We can’t see interested buyers in XTZ yet.
The coin is spilled on both the growth and fall of BTC.

We assume that the fall will continue first to the level $1.92, where the price has already been stopped twice.

The zone where buyers' interest may appear is $1.72-1.77.
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