Tezos to US Dollar
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Anderson Noah
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23.09.2024
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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| Ticker | XTZUSD XTZ/USD |
| Contract value | 1 Tezos |
| Maximum leverage | 1:5 |
Swaps history
| Date | Short Swap (%) | Long Swap (%) | No data |
|---|
| Minimum transaction volume | 100 lot |
| Maximum transaction volume | 1000 lots |
| Hedging margin | 50% |
Margin requirements
| USD Exposure | Max Leverage Applied | Floating Margin |
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