- Tezos price is hovering near $0.60 amid a 4% surge in the past 24 hours.
- XTZ eyes a potential bounce to above $0.70 as cryptocurrencies target gains.
- If buying pressure holds, bulls will likely target $1.50, riding multiple bullish catalysts.
Tezos (XTZ) is among the altcoins showing signs of a potential rally as a 4.4% uptick in the past 24 hours helps bulls hold price above a key level.
While broader market sentiment remains fragile, Tezos’ price could benefit from increased on-chain activity and growing interest from developers and investors.
Tezos price pops 4% as bulls show resilience
In particular, the XTZ price has shown resilience as Tezos records notable DeFi growth.
Latest market data highlights a more than 4% increase in Tezos’ price over the past day, with this coming as buyers pile up near the $0.60 level.
Bullish sentiment even helped buyers retest the 0.62 mark.
