Tezos (XTZ) is witnessing a resurgence after an extended slump, prompting optimism among investors. Recent price surges and investor accumulation confirm potential growth.
Trend Structure and Price Zones
Tezos has confirmed a structural reversal by closing above its long-standing descending trendline, which has been in place since January 2025. The breakout above $0.75 marks a significant event as the price now approaches the $0.82–$0.85 zone, which is a historically important supply area. If XTZ manages to clear this zone successfully, the next target could be $0.90, followed by $1.03.
Momentum Indicators and Volume
Momentum indicators are currently painting a positive picture. The Relative Strength Index (RSI) remains above 65, indicating strong buying pressure. The Parabolic SAR shows bullish movement, and the Supertrend indicator has remained bullish after breaking the $0.65 level. All these signals suggest that the recent surge is not just temporary but marks the beginning of a more significant trend.
On-Chain Analysis: Accumulation Strengthens
On-chain data supports the technical breakout as of July 19, XTZ registered over $417,000 in net spot inflows—the highest level in over a month. This influx indicates renewed investor interest. Smart Money Concepts indicators confirm a Change of Character and Break of Structure at $0.68 and $0.71, respectively.
Tezos is showing signs of revival after a prolonged downturn. Monitoring key price levels and indicators may assist traders in understanding the market direction. A break above the $0.82–$0.85 resistance zone would pave the way for new highs, while the support around $0.68 remains critical for sustaining current trends.
