Tag Archives: Tezos (XTZ) Price

Tezos’s price reached the critical level of $2 after breaking above the $1.8 resistance.Against Bitcoin, XTZ bounced back after establishing support around 25000 SAT.The 10th largest cryptocurrency surged with over 16% gains across the trading pairsXTZ/USD: Tezos Overcomes Crucial ResistanceKey Resistance Levels:  $2.5, $3.2, $4Key Support Levels: $1.46, $1.25, $0.845XTZ/USD. Source: TradingViewThe latest buying spree brought a serious increase in Tezos’s price for the past few days. The...

BitcoinBitcoin managed to increase by around 8% over the past 7-days of trading as the cryptocurrency climbed above crucial resistance at $6,800 today. Bitcoin had actually been trading within an ascending triangle and bounced from the lower boundary of this pattern 5-days ago, which allowed it to break above the upper boundary at $6,800.Note: Today’s candle has still not closed, so it is not fully confirmed if this is a real breakout.From above, the first level of resistance lies at $7,000....

After recovering from $1.45, XTZ bulls are now pushing back at crucial resistance of $1.80While consolidating, Tezos is waiting for a huge price movement across its trading pairsAgainst Bitcoin, XTZ keep trading around 25000 SAT support as it looks for a strong rebound levelXTZ/USD: Tezos Struggles In A Tight RangeKey Resistance Levels: $1.80, $2, $2.5Key Support Levels: $1.45, $1.25, $0.845XTZ/USD. Source: TradingViewSince our previous price analysis, the price of Tezos has been trading in a...

Tezos resumed bearish sentiment after meeting rejection at a crucial resistance area.Despite losing 3.5% today, the price of Tezos continued to find support at 2500 SAT level against  BitcoinThere’s hope for the bulls if Tezos can clear the $1.8 resistance level.XTZ/USD: Tezos Remains Bearish Under $1.8 ResistanceKey Resistance Levels: $1.80, $2Key Support Levels: $1.25, $0.845XTZ/USD. Source: TradingViewFrom what’s happening so far, it appeared the coronavirus is still causing serious panic...

Tezos saw a substantial increase following a four-day recovery from $1.2.Against Bitcoin, Tezos slightly bounce around 25000 SAT support after heavy correction, but bullish actions are still shaky.Tezos would confirm a trend reversal if the price can rise above the immediate resistance level.If the price drops beneath the weekly low, the XTZ market may resume short-term bearish actions.XTZ/USD: Tezos Showing Strength AgainKey Resistance Levels: $1.80, $2Key Support Levels: $1.25,...

The novel coronavirus took the world by a storm. Starting in China, the virus has now spread throughout the globe, with thousands of cases being reported in Europe, Asia, and even the US.This brought a catastrophe on the traditional financial and stock markets, as major global indexes crashed in a way that was more vicious and quicker than the recession of 2008.Cryptocurrencies, unfortunately, weren’t left out, and they were no exception. In less than a month, the market lost half of its...

Bitcoin (BTC)Yesterday, the price of Bitcoin crashed by over 40%, following the emerging global market crisis. Before this fatal plunge, Bitcoin showed signs of weakness consolidating around the $8000 mark for three days.Meanwhile, this whole bearish scenario started from a mid-February high of $10,500, which was later confirmed by a bearish head-and-shoulds pattern, which played out around $8500 last week.Unfortunately for Bitcoin, the price has not just dropped to a 4-month low but now...

Tezos saw a slight bounce back following a daily 10% price increase.Against Bitcoin, Tezos might be forming a bull flag pattern.XTZ/USD: Tezos Bounced, But Remains Short-term BearishKey Resistance Levels: $3, $3.9Key Support Levels: $2.3, $2Following this week’s bearish start, XTZ saw a massive drop of 18% to a three-week low at $2.3. This drop was in correlation with the Bitcoin decline of the past days.Today, Tezos recovered 10% over the past 24-hours. At the moment, XTZ is trading for...

Tezos announced on its new Carthage update has been successfully activated at block 851,969 on the chain. Carthage is the third system-wide protocol update on the Tezos blockchain so far and is focused on making further improvements to the previous Babylon update.The Carthage Protocol UpdateTezos is an open-sourced, decentralized blockchain. According to some, the Tezos network is a real ‘digital commonwealth’ that works to facilitate transactions by creating smart contracts between users....

Bitcoin (BTC)Bitcoin price managed to increase by a total of 5.58% over the past 7-days of trading after rebounding from the support at $8,550 provided by the downside 1.618 Fibonacci Extension level. After bouncing, the cryptocurrency managed to travel higher as it broke the $9,000 level in yesterday’s session to reach $9,150 today.From above, the first level of resistance lies at $9,200 (bearish .382 Fib Retracement). This is followed by resistance at $9,400, $9,450 (bearish .5 Fib...