# Crypto Technicals: XTZ/USD consolidates 200-DMA break, finds little support till 0.66

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/2672
Published: 2019-07-17T12:44:16.000Z
Updated: 2019-07-17T12:44:16.000Z
Section: Investing

> Support: 0.82 (Apr 4 low); Resistance: 0.8849 (200-DMA)

[XTZ/USD](<https://www.tradingview.com/symbols/XTZUSD/>) chart - Trading View

Exchange - Kraken

Support: 0.82 (Apr 4 low); Resistance: 0.8849 (200-DMA)

Technical Analysis: Bias Bearish

Tezos has resumed downside after brief consolidation below 200-DMA.

Technical indicators are biased lower and there is little support till 0.66.

RSI is well below 50 and biased lower. Momentum with the bears. Volatility is rising.

MACD is showing a bearish crossover on signal line and ADX is rising in support of the downtrend.

Price action has broken below 61.8% Fib retracement and is on track to test 78.6% Fib at 0.6608.

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).



## Links in this article

- [XTZ/USD](https://www.tradingview.com/symbols/XTZUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)