XTZ Price Falls Below Key Moving Averages as Bearish Momentum Builds
The post XTZ Price Falls Below Key Moving Averages as Bearish Momentum Builds appeared on BitcoinEthereumNews.com.
Rongchai Wang Sep 01, 2025 10:30 Tezos (XTZ) trades at $0.72 after a 0.65% decline, with technical indicators signaling potential downside as the token tests lower Bollinger Band support levels. Quick Take • XTZ currently trading at $0.72 (-0.65% in 24h) • Tezos RSI at 39.41 suggests oversold conditions may be approaching • No significant news catalysts driving recent price action What’s Driving Tezos Price Today? The XTZ price movement over the past 24 hours appears driven primarily by technical factors rather than fundamental developments. With no significant news events reported in the past week, Tezos has been subject to broader market sentiment and technical trading patterns. The current trading range of $0.70 to $0.74 reflects a consolidation phase, with the token finding itself caught between key technical levels. Trading volume on Binance spot has reached $2.24 million, indicating moderate market participation as traders assess the next directional move for XTZ. XTZ Technical Analysis: Bearish Signals Emerge Tezos technical analysis reveals a concerning picture for short-term price action. The XTZ RSI reading of 39.41 places the token in neutral territory but trending toward oversold conditions, suggesting selling pressure may be intensifying. Tezos’s position relative to moving averages tells a bearish story. The XTZ price currently sits below all short-term moving averages, including the 7-day SMA at $0.75, 20-day SMA at $0.80, and 50-day SMA at $0.82. However, XTZ remains above the crucial 200-day SMA at $0.68, which continues to provide long-term bullish structure. The MACD indicator reinforces the bearish momentum, with Tezos’s MACD line at -0.0204 sitting below the signal line at -0.0064. The negative histogram reading of -0.0140 confirms that bearish momentum is building for XTZ. Tezos’s Bollinger Bands analysis shows the token trading near the lower band at $0.71, with…
