Tezos Is Increasing Its Upside Momentum
Tezos (XTZ) has gained 1.5% to $0.684 on Monday, moving above key support at $0.600. This follows a 6.8% rise last week, outperforming Bitcoin's 5.1% jump to $62,748. Tezos has exited its descending channel as of mid-September, with recent momentum driven by the Tezos Paris protocol upgrade back in June.
If Bitcoin (BTC) continues its rally towards $70,000, Tezos could rise further, potentially testing the next resistance level at $0.800, representing an 18.0% increase from current levels.
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