• The exchange net flow of XTZ ($0.46) crypto has remained consistently positive. 
• XTZ’s Relative Strength Index (RSI) was 74.5, indicating a potential price correction.

Tezos [XTZ] has gained immense gain over the past few days following an announcement by the staking platform Everstake supporting the token.

As a result, on the 24th of November, while other altcoins seemed to be struggling, XTZ gained 24%.

Will the price of XTZ crypto fall?

Following a notable upside rally, the altcoin has reached a level where it has historically experienced selling pressure and price declines.

However, the current sentiment has shifted as the overall market remains bullish, with the blockchain gaining support from Everstake and increased participation from traders and investors.

At press time, XTZ was trading near $1.37 after a price decline of 4.5% in the past 24 hours. During the same period, its trading volume jumped by 31%, indicating higher participation from traders and investors.

According to AMBCrypto’s technical analysis, XTZ was at a strong resistance level of $1.50 and appeared to be struggling.

During its recent price surge, the altcoin breached three resistance levels. Each time it breached a resistance level, t...