Tezos (XTZ) is up nearly 80% from January lows – Is there enough momentum for growth?

Tezos (XTZ) is up nearly 80% from January lows – Is there enough momentum for growth?
фото показано с : coinjournal.net

2022-2-23 02:16

Tezos (XTZ) is one of those coins that seems to have really come from the brink. The coin slumped massively in January, at a point even hitting its six-month low. But after the decent rally that we saw at the start of the month, things are looking gloomy for the coin. Here are some facts:

Tezos (XTZ) is up over 80% from its lows in January this year.

At press time, the coin was down around 7% and was trading at $2.98.

It doesn’t seem like there is enough bullish momentum to take XTZ further in the near term.

Data Source: Tradingview 

Tezos (XTZ) – Price prediction and analysis

As noted above, the recovery that we saw on Tezos (XTZ) over the last few weeks has been impeccable. The coin has come from six-month lows to report gains of over 80%. At one point, Tezos was even testing $5. 

But as the crypto market continues to see more weakness due to increased tensions in Europe, Tezos (XTZ) has pulled back significantly. In fact, the coin has lost nearly 26% in the last 11 days and has fallen below a crucial support zone of $3.2. 

This suggests that there will be more weakness in the days ahead. At press time, XTZ was trading at $2.99. The key right now is to watch whether bulls can push the price above $3.2. But this only happens when we start to see more volume in the market.

Should you buy Tezos (XTZ)?

Tezos (XTZ) is a smart contracts platform that is designed to offer better, more efficient operations than Ethereum. So far, the project has seen increased investor interest and is rated among the most promising chains in the market right now. 

It is indeed a very good asset to put in your portfolio, especially when you consider that the market cap is still at $2.6 billion.

The post Tezos (XTZ) is up nearly 80% from January lows – Is there enough momentum for growth? appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Tezos (XTZ) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $1.0795
Капитализация $0 Rank 99999
Цена в час новости $ 3.0473 (-100%)

tezos xtz enough growth momentum nearly lows

Источник: coinjournal.net

tezos xtz → Результатов: 126


Фото:

Should you buy Tezos (XTZ) after it hit its latest all-time high value?

Tezos XTZ/USD is a blockchain network based on smart contracts which aim to offer infrastructure on a higher level. It can evolve and improve over time without any dangers of a hard fork. The decentralized application space momentum as a catalyst for growth Tezos is a self-amending layer-2 proof-of-stake (PoS) blockchain that can upgrade itself […] The post Should you buy Tezos (XTZ) after it hit its latest all-time high value? appeared first on Invezz.

2021-10-4 20:32


Фото:

Should you buy Tezos (XTZ)? Banking on social impact

Tezos XTZ/USD takes advantage of what is known as liquid proof-of-stake (LPoS), and this is important to know when evaluating the value of its cryptocurrency. You see, LPoS is an algorithm that is used by the computers running the Tezos software and is used to secure the network, validate the transactions and distribute newly minted […] The post Should you buy Tezos (XTZ)? Banking on social impact appeared first on Invezz.

2021-6-15 18:52


Альткоин Tezos с октября 2019 года взлетел более чем на 300%

С октября 2019 года цифровая валюта Tezos (XTZ) подскочила в цене примерно на 313%. Если осенью она держалась в районе $0,846, то уже в середине апреля XTZ находился на уровне $2,47. На протяжении последних нескольких месяцев Tezos стабильно движется вверх по отношению к биткоину.

2020-4-24 18:09


В Tezos создали призовой фонд для борьбы с коронавирусом

Сообщество криптовалюты Tezos объединилось и учредило приз в криптовалюте XTZ за помощь в борьбе с коронавирусом. 2 марта разработчик Tezos Иоганн Танзер опубликовал статью на Medium, в которой призвал пользователей Tezos использовать вычислительные мощности для поощрения исследований в области коронавируса взамен на потенциальное вознаграждение в XTZ.

2020-3-4 10:47


Tezos Price Analysis XTZ / USD: Breaking Resistances

Tezos now has a bullish short-term and medium-term trading bias The four-hour time frame shows that large inverted head and shoulders pattern has formed The daily time frame highlights and an even larger bullish pattern Tezos has made major strides this week, with the cryptocurrency rallying to its highest trading level mid-August and gaining well-over […] The post Tezos Price Analysis XTZ / USD: Breaking Resistances appeared first on Crypto Briefing.

2019-11-8 18:05


Фото:

Инвестиции в криптовалюту: Tezos (XTZ)

Представляя первый в мире саморазвивающийся блокчейн, можно смело утверждать, что Tezos (XTZ) — это умная контрактная платформа, похожая на Ethereum. По мере развития инноваций крипта прогнозирует, что их блокчейн останется на переднем крае.

2019-4-23 17:18


Tezos (XTZ) Price Prediction 2019 – Are The Turbulent Times Behind XTZ?

Tezos is a novel blockchain, another “Ethereum killer” that was first proposed in a paper released in Aug. 2014 with more specifics announced in a whitepaper released in Sept. 2014. The Tezos blockchain is designed with a focus on on-chain governance, allowing token holders to vote for proposed changes to functionality in order to avoid […] The post Tezos (XTZ) Price Prediction 2019 – Are The Turbulent Times Behind XTZ? appeared first on CaptainAltcoin.

2019-3-18 20:11


Инвесторы Tezos избавляются от токенов проекта после листинга на бирже

Инвесторы Tezos ждали почти год, чтобы получить свои токены. И сразу же избавились от своих XTZ, как только их получили. Об этом пишет Coindesk. По крайней мере, об этом говорят рыночные данные, показывающие волну продаж, которая прошла после запуска беты платформы Tezos в начале недели. Согласно да...

2018-7-7 12:27


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tezos price prediction: a look at XTZ and network metrics

Tezos (XTZ) price is down 2% this past week as cryptocurrencies struggle for direction. XTZ trades near $0. 80 and risks declines to $0. 65 if bears take control. However, network metrics suggest a resurgence in activity after recent upgrades – which could catalyse upside momentum.

Tezos Releases Nairobi, XTZ Bulls Unmoved As Bears Dominate

Tezos, the self-amending proof-of-stake blockchain, and an Ethereum competitor, recently implemented its latest upgrade via Nairobi. In a release, the 14th network improvement went live at block #3,760,129, tagging along platform enhancement and the simultaneous unveiling of the Tezos Ecosystem DAO.

XTZ price outlook as Mumbai upgrade goes live on Tezos

Tezos price is poised between key suppport around $0. 97 and major resistance at $1. 28. XTZ bulls could target $2 in April if price breaks higher, or seek support at $0. 70. The Tezos blockchain welcomed its 13th network upgrade dubbed Mumbai.

Tezos Activates Mumbai, Introduces Smart Rollups

Tezos, a self-amending proof-of-stake blockchain, has activated its 13th core protocol upgrade, Mumbai, introducing Smart Rollups, a Layer-2 scaling solution, for faster transaction processing speeds.