Tezos is slowly regaining bullish momentum, getting close to key resistance at $2.58XTZ broke down from a two-month ascending trending, initiating a sharp price dropAgainst Bitcoin, Tezos formed a double bottom at the 0.00027 BTC support, which could become bullishXTZ/USD: Recovery After BreakdownKey Resistance Levels: $2.58, $2.89, $3Key Support Levels: $2.375, $2.06, $1.88Tezos slightly lost its short-term bullish trend a few days ago after dropping below critical support at $2.58, along...
Read More »Tezos Price Analysis: XTZ Showing Strength Around $2.8 But Bitcoin Continues To Prevail, What’s Next?
Tezos is starting to show strength, but the current gain is not enough to catalyze any bullish momentum.While Tezos saw a small increase for some days, the price continued to drop against Bitcoin.Tezos found weekly support at $2.6 after witnessing a small recovery.XTZ/USD: Tezos Locates Temporary Support At $2.6Key Resistance Levels: $3, $3.3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewIn anticipation of the upcoming Bitcoin halving, which is around the corner, Tezos is still...
Read More »XTZ Undergoes A Correction But Can Bulls Retest $3? Tezos Price Analysis & Overview
Tezos undergoes a correction across its trading pairs as buyers wait to reiterate actions.A strong rebound at the ascending trend line would validate a continuation for XTZ bulls.The price is trading near a key psychological level, but bears are looking for more gains.XTZ/USD: Tezos Correcting At 7-Week Trend LineKey Resistance Levels: $2.88, $3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewLast week, Tezos touched $3 following 200% gains in seven weeks. But currently, the 10th...
Read More »Tezos Eyes $3 Following Upbit Listing And Another 5% Daily Gains. XTZ Price Analysis & Overview
TezTezos price continued to increase after finding a rebound level yesterday.The bullish bias is still dominant, but XTZ needs to reclaim previous resistance.A mild correction could start for Tezos if the price drops below the previous lows.XTZ/USD: Tezos Recovers Above $2.7Key Resistance Levels: $3, $3.3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewAccording to a recent announcement, Upbit exchange added Tezos on its trading platform, which is expected to pair against BTC....
Read More »Surpassed EOS: Tezos Is Now The Biggest Staking Network, 93% Of All XTZ Is Locked
The tenth-largest cryptocurrency by market cap, Tezos (XTZ), has the most assets locked in staking with over $1.8 billion. The popular blockchain protocol has been especially attractive to investors lately and has surpassed the former leader of staking – EOS.XTZ Locked In StakingPer data from the monitoring website, Staking Rewards, Tezos became the leading in terms of assets locked in staking over the past month. As of April 24th, the total amount equaled to $1.81 billion. Interestingly, as...
Read More »Crypto Price Analysis & Overview April 24th: Bitcoin, Ethereum, Ripple, Tezos, and Cardano
BitcoinBitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support at $6,800, where it rebounded.On the rebound, Bitcoin took out resistance at $7,000, $7,200, and $7,400 as it spiked as high as $7,780. It since dropped to the current $7,500 level, where it faces...
Read More »Tezos Soars 25% in 4 days: XTZ to $3 Next? Price Analysis & Overview
The price continued to increase after gaining momentum from the weekly support.Currently, the bulls are in control of the market across trading pairs.Tezos surged 11% to reach $2.66 today following a recent break above monthly high.XTZ/USD: Tezos Stays Bullish Above Weekly HighKey Resistance Levels: $3, $3.3Key Support Levels: $2.38, $2.07XTZ/USD. Source: TradingViewTezos’s price has continued to increase since the market fell to around $1 in March. So far, the recovery is estimated to about...
Read More »Tezos Price Analysis: Tezos Struggles At $2.15 But Technical Pattern Indicates Strength
Tezos is likely to correct downward to $1.6 if the price plunges below a five weeks wedge. Against Bitcoin, XTZ established resistance around 32840 SAT after gaining 27% in two weeks. Nonetheless, Tezos is still looking bullish across trading pairs despite the recent drops. XTZ/USD: Tezos Looking Bullish But Breakout Is Imminent Key Resistance Levels: $2.36, $2.5 Key Support Levels: $1.85, $1.6 XTZ/USD. Source: TradingViewTezos lost 7% overnight following the latest fall in Bitcoin’s price...
Read More »Tezos Price Analysis: XTZ Follows Bitcoin And Dips Below $2, What’s Next?
Tezos dropped by a sharp 9% today as the cryptocurrency falls from $2.18 to reach $1.91.Despite this recent price drop, Tezos is still up by a total of 12% on the week.The cryptocurrency also rolled over against Bitcoin as it falls to 0.00028 BTC.Key Support & Resistance LevelsXTZ/USD:Support: $1.90, $1.85, $1.80.Resistance: $2.18, $2.34, $2.45.XTZ/BTC:Support: 0.00028 BTC, 0.00027 BTC, 0.00026 BTC.Resistance: 0.000292 BTC, 0.000308 BTC, 0.000324 BTC.XTZ/USD – Tezos Drops From Bearish .5...
Read More »Swiss Collaboration Is Launching a Bitcoin-Backed tzBTC Token On The Tezos Blockchain
The Tezos Foundation has collaborated with several Swiss-based cryptocurrency companies to tokenize Bitcoin. Called tzBTC, it gives holders the ability to interact with Tezos smart contracts while pegging to the value of Bitcoin.Tokenized Bitcoin On Tezos BlockchainThe Bitcoin Association Switzerland announced launching the tzBTC digital token in a press release shared with CryptoPotato.It’s entirely backed by the primary cryptocurrency – Bitcoin – and it uses the recently developed FA1.2...
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