- Tezos price is trading near $0.60 after gaining about 4% in the past 24 hours.
- XTZ could rebound toward $0.70 as cryptocurrencies seek further upside.
- If buying pressure continues, bulls may target $1.50, supported by several bullish catalysts.
Tezos (XTZ) is among the altcoins showing signs of a potential rally. A roughly 4.4% rise over the last day helped bulls keep the price above a key level.
Although overall market sentiment remains fragile, Tezos could benefit from rising on-chain activity and growing interest from developers and investors.
Tezos price climbs 4% as bulls demonstrate resilience
The XTZ price has shown resilience amid notable DeFi growth on the Tezos network.
Recent market data shows Tezos up more than 4% over the past 24 hours as buyers accumulate around the $0.60 level.
Bullish momentum even pushed the price to retest the $0.62 mark.
The positive momentum was supported by several developments, including a partnership between the Tezos Foundation and the Museum of the Moving Image, and growing enthusiasm for collaboration between Etherlink and Google Cloud.
Last week the Tezos team shared key ecosystem metrics that highlighted growth across the network.
Among the figures, Etherlink’s Total Value Locked (TVL) surpassed $70 million, while Tezos DeFi TVL topped $36.7 million.
The blockchain saw a 22.5% increase in value quarter-over-quarter, and Etherlink processed more than 20.5 million transactions.
Blockchain analytics firm Messari singled out Etherlink as a critical component for Tezos’s future scaling, noting that many new integrations, liquidity programs and incentives are being introduced on Etherlink as the first runtime of the canonical rollup model.
Robust network activity has been driven by user adoption in key protocols such as Curve, Superlend, Midas, Youves and Sirius.
The rise in TVL and transaction volume suggests builders are actively expanding within the Tezos ecosystem—an important factor that could boost investor confidence and support XTZ’s price.
Tezos price forecast: Is $1.50 next for XTZ?
XTZ is currently trading near $0.59, with a 24-hour gain of more than 3.3%.
Data indicates the altcoin has pulled back slightly from its intraday high of $0.62.
Bulls are trying to prevent bears from revisiting intraday lows around $0.57.
Tezos price chart by TradingView
From a technical perspective, Tezos is trading near the resistance trendline of a falling wedge pattern.
Bulls have retested the $0.70 area in recent weeks, and a successful bounce through that zone could open the door for a continued move toward the $1.20–$1.57 range.
The daily RSI shows signs of potential divergence and currently sits close to neutral, suggesting momentum could swing with a decisive move in price.
XTZ is gaining around $0.62 on rising volume, indicating buyers may be positioning for an extended upside move.