Tag Archives: Price Analysis

TL;DRTezos price continued to increase by a further 10% the past week, XTZ trades for $1.72.The cryptocurrency is facing crucial resistance at 0.00025 BTC.Tezos had officially entered the exclusive club of the top 10 cryptocurrencies by market cap.Tezos (XTZ) Key Support & Resistance LevelsXTZ/USDSupport:  $1.64, $1.54, $1.42.Resistance: $1.74, $1.85, $1.99 – $2.XTZ/BTC:Support: 0.0002275 BTC, 0.00021 BTC, 0.00020 BTC.Resistance:  0.00025 BTC, 0.0002624 BTC, 0.0002716 BTC.Tezos rose...

Bitcoin declined by  2.5% over the last week, dropping to the $7,220 level. The cryptocurrency has been trapped within a tight range between $7,708 and $7,123 for the entire period of December, thus far. A breakout of this range will dictate the direction Bitcoin will head toward over the following weeks.If the bulls continue to rebound, initial strong resistance is located at $7,400 and $7,700. Above the range, resistance lies at $8,086 (bearish .5 Fibonacci Retracement level) and $8,400...

Tezos surged by another 20% this week, allowing it to rise to the $1.56 level.The cryptocurrency now faces very strong resistance at the 0.0002 BTC level.Tezos is now the 11th largest cryptocurrency with a market cap upwards of $1 billion.Key Support & Resistance LevelsXTZ/USDSupport:  $1.23, $1.17, $1.12, $1.00.Resistance: $1.34, $1.40, $1.47.XTZ/BTC:Support: 0.0001685 BTC, 0.000158 BTC, 0.000138 BTC, and 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195 BTC level (November 2019 highs),...

Tezos continues to battle the 7-month old descending trend line to climb higher.The cryptocurrency looks ready to surge against Bitcoin as the Stochastic RSI lines up for a bullish crossover.Tezos climbed to the 14th position with a market cap of $935 million.Key Support & Resistance LevelsXTZ/USDSupport:  $1.23, $1.17, $1.12, $1.00.Resistance: $1.34, $1.40, $1.47.XTZ/BTC:Support: 0.0001685 BTC, 0.000158 BTC, 0.000138 BTC, and 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195 BTC level...

This week Bitcoin attempted to halt the previous bearish trend but failed to advance above the resistance at $7,800. The cryptocurrency has lost a total of 21% over the past month after it plummeted beneath the 100-days and 200-days EMAs in November.To break higher, we must see Bitcoin rising above the resistance at $7,800. If the bulls are successful in this, further resistance lies at $8,000 and $8,265. Alternatively, if the sellers bring the price below $7,400 and start to push the market...

Enjin Coin surged 60% today after a successful partnership announcement with Microsoft.ENJ broke above the 1000 SAT level and looks to continue.Enjin is now ranked as the 72nd top cryptocurrency with a market cap of $50 million.Enjin Partners Up With MicrosoftMicrosoft and Enjin have teamed up to create Azure Heroes – a project that rewards contributors to the community for posting content, creating demos, building sample code, and blogging about Azure.Creators are nominated and receive a...

Tezos is back on the bullish note after increasing with 8% and attempts to break the November highs.The cryptocurrency is holding strong above 0.00016 BTC against BTC.The move-up comes as Binance announced that its users can now stake XTZ and receive profits. Key Support & Resistance LevelsXTZ/USDSupport:  $1.23, $1.17, $1.12, and $1.00.Resistance: $1.34, $1.47, and  $1.56.XTZ/BTC:Support: 0.0001685 BTC, 0.000158 BTC, 0.000138 BTC, and 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195...

This week, Bitcoin saw a small correction from the previously seen bearish trend in November. The cryptocurrency managed to rise by a total of 7.67% to reach the current trading level of $7,768. Bitcoin has a long way to recover, and for this market to be considered bullish again, we would need to see the coin break above the November highs at $9,600. If Bitcoin was to drop back beneath $7,000, we could then consider the market as bearish. Bitcoin now faces initial resistance at $7,915. Above...

SummaryTezos has been surging this month after increasing by 52% to reach the current price of $1.25.The momentum is certainly on the side of the buyers against Bitcoin.Tezos must pass a 7-month falling resistance line to be able to continue this bullish run higher.Key Support & Resistance LevelsXTZ/USDSupport:  $1.12, $1.06, $1.00.Resistance: $1.40, $1.44, $1.56.XTZ/BTC:Support: 0.000115 BTC, 0.00015 BTC, 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195 BTC, 0.000206 BTC Since our last...

SummaryTRON saw a 6% price increase over the past 24 hours. The cryptocurrency is close to entering the top 10 projects by market cap, as it’s currently occupying the 11th spot. The cryptocurrency is looking promising against BTC as it attempts to break October highs.TRX is poised for a leg up as the technical indicators suggest bearish pressure is fading.Key Support & Resistance LevelsTRX/USDSupport: $0.0136, $0.0125, $0.0118,.Resistance: $0.01580, $0.018, $0.020.TRX/BTC:Support: 200...