XTZ Price Analysis: Tezos Regains Traction After Sell-Off, 22 Securities Worth $200M to Tokenize on Tezos Blockchain

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*XTZ/USD regained traction after massive sell-off on Monday
*Intraday RSI implies that growth potential can be extended
*22 Securities Worth $200M, for tokenization on the Tezos blockchain

Tezos breached tons of supports during the recent crypto sell-off following a huge fall from the $2.5 price level and this negative move took Tezos price to as low as $0.9892 level, roughly $1 in the previous week but managed to record a high of about $2.05 level, where bulls were unsuccessful trying to break resistance.

The short-term bullish scenario most likely looks like taking into account the upward RSI on intraday charts, provided there are no surprises in the news feed. As at present, XTZ/USD is calculated at the level of $1.2910 through the local support level provided by the lower horizontal short-term line. A stronger barrier is expected for the coin at a price level of $1.5450 though.

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