Tezos has recently broken to new multi-year highs, fell to retest the breakout point and now looks to be headed back up. At these levels XTZ is higher than it has been since the last crypto bull in 2018 and upside could move up multiples from here. XTZ has moved from around $1 to $4 for the last several years building a nice base. At these levels the coin really hasn't moved yet and it's still early. There are resistance points from 2018 around $5.30 and $6 but in a new bull I don't expect those to hold for long. Previous all time high is around $12 from 2017 and it could easily retest those highs or break them as many other coins are doing now. Market cap is quite small at $3.6 billion. As a bonus the coin can be staked on Kraken for an annual 5.5% return.
Fundamentally I don't know much about the coin but it's another decentralized computing platform with proof of stake like Ethereum, Polkadot, Cardano, etc. My money is on Ethereum to hold the lead in the "decentralized computing platform" battle, but I'll put a little into things like this simply for the potential upside if/when the coin starts to get discovered again.
This is not investment advice and I'm not an investment adviser. Small cryptos are crazy volatile and can go down faster than they go up (and they can go up FAST). This is just what I'm doing because I'm a nut who thinks that early in a crypto bull could be the best time to play a few small cryptos that look like they might move soon.
Fundamentally I don't know much about the coin but it's another decentralized computing platform with proof of stake like Ethereum, Polkadot, Cardano, etc. My money is on Ethereum to hold the lead in the "decentralized computing platform" battle, but I'll put a little into things like this simply for the potential upside if/when the coin starts to get discovered again.
This is not investment advice and I'm not an investment adviser. Small cryptos are crazy volatile and can go down faster than they go up (and they can go up FAST). This is just what I'm doing because I'm a nut who thinks that early in a crypto bull could be the best time to play a few small cryptos that look like they might move soon.
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Geez this coin is falling like it's garbage.
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ETH is running well today and that might even be good for XTZ. I'd really like to see this altcoin get back to making new highs.
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Nice breakout to new highs today. Go baby, go!
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Steady movement to new highs. Looking good... no over exuberance that would make me want to sell.
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I don't want to jinx it, but looks like this is moving up to new highs again today.
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I'm still in XTZ... just staking and making a return. Looks like we're near all time highs again... probably waiting for Ethereum to break out to new highs before a lot of the smaller coins get moving again.
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New all time highs on XTZ today. Nice for this thing to finally start to pay back for the long hold. It's difficult to make a mistake in crypto if you just hold during a bull. Just stay away from Dogecoin, lol.