Search results for: tezos

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Tezos [XTZ] halted its up-channel recovery after the recent bearish break below the pattern. The $1.6-resistance provoked the sellers to recoup their power and pull XTZ below the EMA ribbons. After the recent spikeContinue reading “Tezos: What to expect from XTZ’s recent patterned breakdown”

Tezos (XTZ) has been on a constant plunge since its all-time high in 2021, while finding fresher multi-monthly lows. Over the past three weeks, the alt has been hovering in the $1.2-$1.6 range. With the recently increased buying pressure, XTZ saw an up-channel (white) oscillation in the four-hour timeframe.  Looking at the recent rejection ofContinue reading “Tezos: How XTZ traders can leverage this pattern’s break to remain profitable”

The Decentralized Finance chain has been gradually recovering from June’s losses. But in the process, an interesting pattern has been revealed, which might hint at XTZ’s course of action over the next couple of days. Tezos to rise and fall? The MACD indicator (MACD, blue and signal line, red) registered a nine-day EMA. Both, theContinue reading “Tezos: Assessing if XTZ holders will witness another crash in July”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin has been loath to give up the $30k level to bearish control, and at press time, a dip to $29.6k was swiftly bought up to push BTC back above $30k in the hours priorContinue reading “Tezos [XTZ]: Taking a closer look at why a further 10% rally is on the cards for XTZ”

The cryptocurrency market is once again looking like a sea of red courtesy of the price swings within its narrow range. However, there are those that manage to stand out by moving contrary to the rest of the market and XTZ is one of them. XTZ seemed like it was poised for a fourth dayContinue reading “XTZ [Tezos] defies sell pressure to deliver more upside but here’s the caveat”

Over the last 24 hours, several cryptocurrencies have observed recovery, with Bitcoin itself trading 4% above its 5 June’s closing price. Tezos is one token that has also made significant progress in correcting the losses that the token witnessed from the Terra crash of 9 May. Tezos up for a hurdle race? The altcoin isContinue reading “Is Tezos’ [XTZ] 11% rally a bullish initiation or a one-time wonder”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Tezos has been bearish on higher timeframes, and the crypto asset has lost 60% of its value on the charts since the turn of the year. Further losses can not yet beContinue reading “Tezos: Is there a shorting opportunity on the cards as XTZ fails to defend $2 support”

Tezos [XTZ] has come a long way from its former reputation as a ghost chain, but the #37 biggest crypto by market cap still tends to get buried under the much bigger projects capturing the headlines. Still, XTZ has seen some interesting price movements that intrepid investors will want to track. Xzibit 1: A rallyContinue reading “Tezos [XTZ]: Important checkpoints if investors are planning to cut losses”

The Tezos blockchain has enjoyed robust growth in network adoption and transactions in the last few months. Most of this growth is from the NFT market and it highlights one of the reasons why XTZ will likely be in the list of best performers in the next bull run. Tezos has so far secured itsContinue reading “Is XTZ [Tezos] poised to leverage strong growth during the next hike up”

Bitcoin has traded between the $30.6k and the $28.8k for the better part of the past week, and its sideways price action was imitated across much of the altcoin market. Stellar Lumens and MATIC struggled to break past strong zones of resistance overhead. Tezos did not see large buying pressure in recent days either. StellarContinue reading “Stellar Lumens, MATIC, and Tezos Price Analysis: 18 May”

Bitcoin dipped briefly beneath the $39k mark but was quick to reverse on Monday and the trapped short positions fueled its bounce past $40k. This meant that the altcoin market also saw some temporary respite, even though the near-term outlook of many coins remained bearish. Tezos and Ethereum Classic appeared to have a strong zoneContinue reading “Tezos, Ethereum Classic, NEAR Protocol Price Analysis: 26 April”

With market leaders, Bitcoin and Ethereum, falling below key price points, the global crypto market cap witnessed a corresponding 24-hour plunge. Thus, XRP, Shiba Inu and Tezos projected a near-term bearish outlook while their 4-hour RSIs headed into the oversold part. XRP Despite the buyers attempting to counter the recent sell-offs, the bears have swoopedContinue reading “XRP, Shiba Inu, Tezos Price Analysis: 25 April”