#XTZ/USDT ANALYSIS
XTZ recently saw a strong bounce supported by significant trading volume at a key horizontal level. However, it faced resistance and was rejected at the MA 100 level.
Presently, XTZ is making an effort to breach the descending trendline, but it's encountering resistance from the Ichimoku cloud. A bullish signal would be confirmed with a candle closing above the descending trendline.