Ledger Expands Tezos Support with Etherlink EVM Rollout
- Support Expansion: Ledger's integration with Etherlink provides full support for XTZ token self-custody, transfers, and DeFi access, enhancing user engagement and security within the Tezos ecosystem.
- Native Staking Feature: The integration will offer Ledger users upcoming native Tezos staking, which is expected to further increase user participation in securing the Tezos network while unlocking additional yield opportunities.
- DeFi Ecosystem Access: Ledger Wallet now supports Etherlink DeFi, allowing users to access established protocols like Curve and Uniswap, thereby promoting user activity in the decentralized finance space.
- Enhanced Security: Ledger's hardware-enforced security ensures the safety of every Tezos and Etherlink transaction, enabling users to confidently engage with DeFi without compromising security, addressing the market's demand for secure self-custody solutions.
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Technical Analysis for XTZ
Technical Sentiment Analysis for Tezos (XTZ). As of , Tezos (XTZ) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XTZ stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, XTZ is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Tezos (XTZ) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.316 | 0.345 | 0.371 | 0.399 | 0.426 | 0.454 | 0.48 |
| Fibonacci | 0.345 | 0.366 | 0.378 | 0.399 | 0.42 | 0.433 | 0.454 |
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