Bitnomial XTZ Futures Trading: APT Technical Analysis

Bitnomial Launches XTZ Futures

Chicago-based crypto exchange Bitnomial announced the launch of futures contracts tied to Tezos’ XTZ token. This marks XTZ’s first futures market under U.S. Commodity Futures Trading Commission (CFTC) regulation. Contracts are live; institutional and retail investors can gain exposure to XTZ price movements with crypto or USD margin. Regulated futures markets increase institutional participation in the US by offering standard price discovery and oversight, paving the way for spot ETFs.

Bitnomial President Michael Dunn emphasized that six months of CFTC-regulated trading history meets the SEC’s spot ETF standards. The company previously listed futures for assets like Cardano (ADA), XRP, and APT detailed analysis. Bitnomial, which sued the SEC over its objection to XRP and then dropped the case, launched the contracts in March.

Source: CoinGecko

Critical Support and Resistance Levels for APT

Following the success of Bitnomial’s APT futures, the XTZ step is noteworthy. APT current price 1.22$, 24h -2.31%. RSI 29.16 (Oversold), trend downward, Supertrend bearish signal. EMA 20: 1.4765$.

• Supports: S1 1.1562$ (79/100 ⭐ Strong, -5.54% distance), S2 0.4955$ (49/100 medium, -59.52%)
• Resistances: R1 1.3850$ (63/100 ⭐ Strong, +13.15%), R2 1.2357$ (60/100 ⭐ Strong, +0.96%)

Tezos, 2018 mainnet PoS blockchain; makes upgrades with onchain governance. XTZ peak 9.12$, currently 0.46$. January Tallinn update reduced block time to 6 seconds.

Frequently Asked Questions About XTZ and APT

Which exchange offers XTZ futures? CFTC-regulated on Bitnomial.
What is APT’s technical trend? Bear market, RSI oversold.
Which coins has Bitnomial listed futures for? ADA, XRP, APT, and now XTZ.