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Tezos

Tezos bullish reversal pattern in play.Tezos prices have been trading in a bullish trend since the beginning of the year, with prices rising from a low of $1.32 to the current high of $3.43. The overall trend is still very much intact and there is a strong possibility that prices could continue moving higher in the short term. The next major resistance area for XTZ prices is at the $3.45 level, which is where the 100-day moving average currently sits. A break above this level could see prices move towards the $3.50 level. Tezos prices have been on a tear over the past 24 hours, rising from a low of $3.34 to a high of $3.43. Prices are currently trading at $3.42, which is just below the major resistance at $3.43. Tezos market capitalization is currently at 3 billion with a 24-hour trading volume of $73,222,919.87.Tezos overall price movement has seen a continuation of the bullish trend that has been in place since the opening of the daily trading session. Tezos price analysis shows the bulls have come together to push prices higher after a period of consolidation. Further upside is anticipated as the MACD line is headed towards the zero line, an indication of a continued bullish trend. Prices are also trading well above the 200-day moving average, which is another indication of a continued uptrend. However, prices could face some selling pressure at the $3.45 level, which is where the 100-day moving average currently sits. The RSI indicator is currently at the 67 level, which shows that there is still some room for prices to move higher before becoming overbought. Conclusion Tezos price analysis for today reveals the market has the potential to rally towards the $3.45 level in the short term as the bulls maintain control of the market. Prices could face some selling pressure at this level, which is where the 100-day moving average currently sits. However, a break above this level could see prices move towards the $3.50 level.
COINBASE:XTZUSD
by AxiomEx
1
Tezos (XTZ) Completes its Ithaca 2 Upgrade. What's Next?This event largely went unnoticed by the media, but Tezos (XTZ) underwent a major upgrade to their protocol as of this week. The upgrade deals mostly with scalability issues - as the oldest Proof-of-Stake system in the market, XTZ arguably one of the most technically advanced blockchain platforms in the world right now. In the early days of the crypto industry Tezos decided to go straight into Proof-of-Stake instead of with Proof-of-Work like the others did. (Technical superiority doesn't always translate into business success but it is worth pointing out that XTZ is already where ETH is moving towards right now.) The recent Ithaca 2 upgrade includes: - Increased throughput (faster transactions times) - Lowers requirements for node staking from 8000 Tez to 6000 Tez (roughly 20-24k. ETH node requirements are 100k+) - Improvements in privacy, security, and better compatibility with zero-knowledge proofs/rollups/sharding methods overall I do think that Tezos is an underrated project right now since the project has been dealing with real-world use cases in the Proof-of-Stake model that coins like ETH, DOGE, and BTC have yet to face - potentially creating an opportunity for a leap-frogging event to occur. The chain also has the advantage of having attracted the attention of artist communities around the world (Hic et Nunc, https://TEIA.art, hen.radio), many of whom were gentrified out of ETH's ecosystem due to high gas fees, which shouldn't be underestimated since attracting users is often the hardest thing for platforms to do. This puts Tezos in a very good place in the next few years as the race for #NFTs and metaverse projects starts to ramp up - these products will be judged by their artistic quality, and the platform with the highest concentration of artistic talent will likely win. Anything could happen so everything is still TBD, but the race may have just gotten much more interesting as new contenders for #Web3 relevance continues to grow.
Long
by RyanTanaka
Back in tezos from USD after call signalToday gives a buy signal on Tezos after the sell at $6 and a few DCA signals on run down. With the recent network upgrade and the bullish sentiment in the market at the moment this is a good opportunity to get back in after exiting the position previously at the $6 range. It is worth noting though that the bitcoin and Ethereum pairings still favour being in those rather than Tezos at this point in time. If however you are only interested in the USD pairing then this by signal is a good one. The risk is in the high range and the price is already 14% from the base but with the strength in the current market conditions I would place more value on the buy signal and maybe adjust position size with some percentage of caution based on the those.
Long
by Cryptodontrading
XTZ Cup and Handle 2xHello everyone, This is my first time doing a public analysis, so I hope you won't be too harsh on me. :) I have analyzed Tezos (XTZ), and the idea based on the daily chart, I have observed a cup handle formation that has been trying to form for a long time and I wanted to share it with you. As can be seen in the graphic, the cup part is completed, the handle part scrapes the bottom. Even though I took it as the bottom part of the cup and made an approximate date and price estimate, it may not be exactly the same. 2x (8.500ish and beyond) might be expected for Tezos, which I have foreseen for a period of about 2-2.5 months. Farewell
Long
by Victorinox1884
🆓Tezos (XTZ) Mar-24 #XTZ $XTZ XTZ has conquered the $3.2 zone and with the current buying force, it is possible for XTZ to continue to rise to the $4 and $4.8 zone in the near future. The risk is quite low but we still need to watch out in case XTZ loses the $3.2 area and will fall into a long-term downtrend. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 3.2$ zone 🔴Buy : 3.2 🔴Sell : 4 - 4.8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 3.2$ zone 🔵Sell : 3.2 🔵Buy : 2.6 - 2 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
TEZOS TA : 02.26.22 : $XTZ : +35% ✅As you can see the price after reaching and returning to The Bullish Order Blocks reacted positively and increase more than 35% . the Next targets are $ 3.9 , $ 4.32 and $ 5.36 . All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section . Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 26.Feb.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
4
XTZ/BTC Fractal. Potential trend initiation. Big pumpingXTZ / BTC Timeframe 1 week. I deliberately made a large timeframe to show the entire section of the chart, which is necessary for the clarity of the formation. Fractal. The possible start of the trend, possibly near the minimum price values. The coin is suitable for accumulation, which means for positional trading. The previous price inflation was about + 300%. This time, if a bullish trend develops, we have every chance of seeing a much larger percentage increase in prices. Let's hope that April-May will make smart people obscenely rich, and stupid as always ... My idea of ​​learning how to work with market cycles, where I showed potential work using this coin as an example, which is quite successfully implemented in reality. Pivot points (zones) of Tezos (XTZ) / USDT market cycles. Psychology Those people who count on quick profits without effort and waste of time are doomed to give their modest contribution to the smarter and more hardworking ones.
by SpartaBTC
9