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Tezos

Tezos XTZ price “finally” shoot outOldies here?) Do you remember that there was such a coin as #XTZ ?) Yes - yes - this is the “stick” that shoots once a year and falls 3y) It's hard to believe that the current growth of the OKX:XTZUSDT price will be above $1.58-1.78 Therefore, this idea will probably be more interesting for #Tezos holders Although.... maybe we don't know something about the bright future of this project ?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
Tezos painting a double bottom pattern on the weekly chart?XTZ just hit its previous breakout target and much like hbar proceeded to then fly right past it and keep pumping. We can see price action is now about to reach a potential double bottom neckline on the weekly chart here. Always a good chance after a pump like this price will end to consolidate a bit before getting a second wind needed to confirm the breakout of this pattern and head up to the next target, but being that we are now in the parabolic phase of the bull market and total2 chart is about to confirm a cup and handle breakout, we may see a much shorter period of consolidation before it does try to validate the double bottom patter than we normally would. If we can confirm the breakout around where I have arbitrarily placed the dotted measured move line Tezos could climb back to $2.50 and reclaim some of its previous glory. *not financial advice*
COINBASE:XTZUSD
by DrDovetail
1
Tezos (XTZ)Tezos is one of the pioneers in the crypto and blockchain markets. Tezos was created, by Arthur Breitman, to fix one of the drawbacks of Bitcoin, which is the lack of a governance process that invited contributions from the community that uses the network, as well as the fact that new tokens couldn’t be issued through this blockchain. Also, the code of XTZ is implemented in OCaml which is a fast, flexible, and functional programming language that can evolve and improve over time without ever being in danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered from since they were created. Anyway, Tezos been going up and down, and as a result, a harmonic pattern formed, which recently ended, and XTZ broke the downtrend line too. After that, a double bottom also formed, and XTZ is trying to break its minor downtrend line. Let's see what happens.
Long
by SaeedSalehinia
1
Tezos: Crypto's Unofficial Index Coin 😂 (Formerly Stablecoin)A quick video pointing out the fact that Tezos ( SEED_DONKEYDAN_MARKET_CAP:XTZ ) pretty much *always* sticks to the middle of the pack, as far as crypto assets goes. The pattern implies that the asset is stable/reliable in a way that often goes unnoticed. (This pattern, plus its generous staking rewards makes it quite lucrative, in some cases.) A pattern that I noticed while being active with the art collective DAO on TEIA and teia.cafe.
COINBASE:XTZUSDLong
by RyanTanaka
1
XTZ/USDT It required to bounce for back to upward movement!💎 Paradisers, #XTZ has recently experienced significant market dynamics. Currently resting on the demand area, #XTZ needs to bounce for a potential upward movement and retesting of the resistance level. Previously, #XTZ faced rejection at the resistance area, highlighting its significance. 💎 However, if #XTZ successfully breaks above the resistance level and reclaims the price, it could signal a bullish continuation towards our target area. 💎 Conversely, if #XTZ fails to bounce and breaks below the demand area, it could indicate weakness. A breach of the support trendline would further confirm a bearish outlook, potentially leading to a reversal in price direction.
by MyCryptoParadise_Nathan
5
Tezos performing better than popular coins over the last weekIt looks like investors are starting to take notice of Tezos, possibly due to two high profile crypto leaders praising Tezos (Charles Hoskinson of Cardano & Andre Cronje of Fantom network). There's also a Tezos Etherlink hackathon that started yesterday (run by Encode Club a community of 500,000 talented professionals worldwide). Etherlink is an EVM-compatible Layer-2 blockchain built on Tezos. Etherlink’s mission emphasises decentralisation and efficiency. With its state-of-the-art decentralised sequencer Etherlink ensures a fair and secure environment for end-users. Minimal fees (around $0.01) make Etherlink attractive in the Layer 2 landscape. Etherlink has integrated RedStone Oracles, which opens the door to new possibilities in financial applications, from lending and borrowing platforms to complex financial derivatives. RedStone is a modular oracle delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks. RedStone raised almost $8M from Lemniscap, Blockchain Capital, Maven11, Coinbase Ventures, Stani Kulechov, Sandeep Nailwal, Alex Gluchovski, Emin Gun Sirer, and other top VCs & Angels.
COINBASE:XTZUSDLong
by day_trader
2
XTZ/USDT Ready it Claim its Throne? Tezos Analysis💎Paradisers, let's shift our focus to #XTZUSDT, highlighting a pivotal moment that hints at a potential turnaround from its critical support zone. 💎Examining the trajectory of #Tezos in the weekly charts, we've observed a significant downtrend in 2020, briefly interrupted by a relief rally in 2021, only to see the bearish trend persist. This pattern was marked by a series of lower lows, coupled with diminishing trading volume, leading up to the present. 💎 Welcome to 2024 – a year that begins with remarkable volatility. The landscape is marked by a pronounced red candle, quickly followed by a green one, marking a bottom for #XTZ. This period's trading volume surged above the norm, signaling a distinct shift from the established pattern. This transformation stands as the most telling indicator of an impending shift. 💎 In anticipation of this shift, we're closely monitoring a bullish resurgence from the bullish Order Block (OB) at $0.921 in the 4HR timeframe. If this level does not hold, we foresee a bullish wave emerging from a subsequent support level. It's a critical juncture that could herald a new phase for $XTZ. 💎 Keep your trading arsenal flexible and your vigilance high, Paradisers. Your ParadiseTeam is on the lookout, prepared to navigate you through these dynamic market waves.
Long
by MyCryptoParadise_Simon
XTZ/USDT Could XTZ back to the supply area or downward is coming💎XTZ has indeed garnered significant attention in the market. It has faced rejection three times at the supply area, and the support trendline has proven to be resilient in preventing further downward movement. 💎 Currently, XTZ is still making efforts to move upward and attempt to break out of the supply area. If this attempt proves successful, it probability could trigger a bullish momentum, potentially leading the price to reach our target area. 💎 However, if XTZ fails in its ascent and breaks below the support trendline, this could indicate a bearish turn in the market. Such a scenario might lead to a downward movement, with the potential for the price to return to the demand zone around 0.766. 💎 When the demand area is reached, it becomes crucial for the price to bounce and resume its upward movement. The bearish scenario is confirmed if XTZ breaks below the demand area, which could result in the price continuing its descent toward the strong support area or establishing a new bottom.
by MyCryptoParadise_Nathan
Tezos (XTZUSDT) Emerges as a Cold Crypto Wallet ContenderThe world of Cold Crypto Wallets is abuzz with excitement, and the spotlight is now on Tezos (XTZUSDT). Following the footsteps of SafePal's promising potential, Tezos takes center stage with a super bullish price action that demands attention. Zooming into the specifics, let's delve into XTZ's long-term chart, where a fascinating transformation unfolds. The supply zone undergoes a metamorphosis, seamlessly transitioning into a demand area near the psychological milestone of $1. Tezos price pays its respects to this demand area in recent weeks, all while gracefully maneuvering within the confines of an ascending channel. Over the next month or two, anticipation builds as XTZUSDT sets its sights on the $1.33 supply area—a pivotal destination aligned with the 161.8% Fibonacci retracement level. Therefore, we can expect a potential 40% price surge, a significant feat considering the sluggish altcoin market we've witnessed in recent months.
Long
by CryptoPAMM
Liquid-staking > Bitcoin ETF? Why did some coins do well?Trying to make sense of what happened this week in the markets - glad that Tezos is getting some shine but what made this week interesting is that it coincided with Bitcoin's ETF - news which didn't really help Bitcoin all that much but it helped a *select few* coins, while most of them actually went down. My gut tells me that both $XTZ and NYSE:SUI have something "normal people" want - which is basic, L1 liquid staking that allows people to earn "interest" on their money in a way where they don't have to lock it up. (Don't get me started on ETH on this one, lol.) LSE:TIA might've gotten some attention because they were marketing their liquid staking protocol recently but it's similar to other workaround solutions where you get tokens instead of the actual coin itself. I think it's safe to say that most people won't bother with L2 staking since managing sub-tokens within a currency itself is just too much work, and too much risk. This is mostly just a hunch the hypothesis right now is that some of the money that was supposed to flow into Bitcoin ETFs took a closer look at saw liquid staking as something potentially appealing since it's one of the few things in crypto that's easier to understand. What do you think?
Long
by RyanTanaka