I find Tezos to be one of the most bullish coins out there in the digital realm. The fundamentals are strong, the technicals are strong and Tezos is very close to a breakout.
Tezos needs to settle above $1.40 and then it can push to $1.80. 1.80 has been a level of strong resistance and if Tezos can close above 1.80 then I thin kit will go to $3.20.
Further areas of resistance are 4.80, 6.15, 7.50, 9.50 and 12.00.
Support levels to watch are 1.20, 1.15 1.08 and 0.92.
I could see 2020's high to be in the 3.20 to 5.00 range which would still only put Tezos' marketcap around $2-3.3 billion, still below the current top 6-8 coins.
Look for Tezos' ongoing litigation to be resolved favorably for Tezos. This would eliminate a large cloud of uncertainty that has been hanging over this coin for about two years.
I will be curious to see what impact security tokens originating on Tezos have on the coin next year.
I have used the hitbtc chart for its longevity. I usually use coinbase for smaller time frame charting or kraken for longer time frame.
Tezos needs to settle above $1.40 and then it can push to $1.80. 1.80 has been a level of strong resistance and if Tezos can close above 1.80 then I thin kit will go to $3.20.
Further areas of resistance are 4.80, 6.15, 7.50, 9.50 and 12.00.
Support levels to watch are 1.20, 1.15 1.08 and 0.92.
I could see 2020's high to be in the 3.20 to 5.00 range which would still only put Tezos' marketcap around $2-3.3 billion, still below the current top 6-8 coins.
Look for Tezos' ongoing litigation to be resolved favorably for Tezos. This would eliminate a large cloud of uncertainty that has been hanging over this coin for about two years.
I will be curious to see what impact security tokens originating on Tezos have on the coin next year.
I have used the hitbtc chart for its longevity. I usually use coinbase for smaller time frame charting or kraken for longer time frame.