Past Performance of Tezos
Tezos remains under pressure despite bullish network enhancement. On March 30, bears quickly wiped out gains of March 29, swinging price action back to bearish territory. As it is, XTZ is down 12 percent from March highs and 24% from February highs. Based on the XTZ candlestick arrangement, the coin has support at $1.06 but is within a...
Here is the whole trading history of the once quite popular pair XTZUSDT
The XTZ price grew skillfully during 2019-2021 from $0.35 to $9
And then a stable downward trend, which has been going on for more than a year
Now the XTZUSD price is at a critical point.
If buyers can gain a foothold above $0.75 , there will be a good chance of working out the blue...
Past Performance of Tezos
In the second half of 2022, Tezos lost 63 percent, further heaping pressure on buyers. At spot rates, XTZ is not yet out of the woods, just not yet. Looking at the performance in the daily chart, prices are bouncing from the middle BB, a dynamic resistance line. This development is generally bearish. As it is, buyers must clear $0.83,...
Past Performance of Tezos
It has been a tough year for Tezos, considering how price action has been panning out. As an illustration, XTZ prices are down 91 percent from peaks and presently trading at the October 2019 support. Any loss from the spot rate could see the coin tumble to register multi-year lows, cementing bears' grip on the current trend.
#Tezos...
Past Performance of Tezos
Tezos remains under immense sell pressure, looking at how price action is on the daily chart. Despite the broad market recovery, XTZ is edging lower with support at around $0.90. There are lower lows relative to the lower BB, but sellers remain dominant.
#Tezos Technical Analysis
As an illustration, XTZ is down 33 percent from...
Past Performance of Tezos
Tezos is down 35 percent from August 2022 highs and remains under pressure. The daily chart shows XTZ prices are printing lower lows, capped within the middle BB, and retesting $1.33. Technically, price action favors sellers in the short term. There could be more liquidation if bears force prices below July 2022 lows.
#Tezos Technical...
Past Performance of Tezos
There are flashes of strength in Tezos' price action. However, despite the gains in the past trading week, buyers are struggling to shake off determined sellers. Currently, XTZ prices are within a rising channel with immediate support at $1.67 with caps at $1.85. The coin is inside the July 30 bull bar, a positive development for...
Past Performance of Tezos
Tezos prices are trailing the USDT after a relief rally. At spot rates, the coin remains within a bear breakout formation, sliding six percent in the last trading week. In the immediate term, the primary support and resistance levels lie at $1.22 and $1.54, respectively.
#Tezos Technical Analysis
From the daily chart, sellers are in a...
Past Performance of Tezos
The dominant trend in the short term is bullish. Gleaned from the formation in the daily chart, buyers have the upper hand. Risk-off swing traders may find loading opportunities to buy the dips with targets at immediate key resistance levels. In the past 24 hours, XTZ is up four percent and stable in the previous trading week.
#Tezos...
Past Performance of Tezos
Technically, XTZUSDT remains in a bear breakout formation despite recent gains at the tail-end of last week. Tezos is trading at near 2022 lows, posting lower lows versus the USDT when writing. The coin is down four percent in the past 24 hours but at near break-even in the past trading week.
#Tezos Technical Analysis
Presently, XTZ is...
Past Performance of Tezos
XTZ prices are printing higher at spot rates, adding 10 percent in the previous trading day. Like the rest of the crypto markets, the coin appears to be finding its footing after deep, double-digit losses of the past trading week. Overall, sellers are still in control though the tide could change in the immediate term if XTZ prices are...
Consistent higher lows can be seen on the left chart (coinbase)
Each one of these lows provides a unique support level
The uptrend isn't going anywhere
On the right I demonstrate how price is above a confirmed support level
This will lead to a bounce and return upwards
Bullish
Tezos has been pushing up solidly recently from around january 26th we have been on a steady rise, we are currently trading inside of a rising wedge which is actually a bearish pattern and i believe we could be in for a healthy corrective move coming up soon. Don't get me wrong i am overall very bullish on Tezos in the longer term especially but i think we are due...
doing a little update on XTZUSD on a 4H timeframe, since out last TA we were trading inside of the red pennant, we had a false breakout and a once again a drop that is keeping us in this sideways structure. Shown by the green horizontal lines we have been getting rejected and have bounced many times in this zone, going all the way back to the beginning of...
Quick Update.
- Just a reminder about XTZ.
- Don't miss the next train
- invest wisely, don't go all in.
- TP : around 10$ (unchanged)
-** IMPORTANT ** to Check in my comments the older analysis to understand XTZ older Moves.
- Follow TheKing always!
Happy Tr4Ding !
Fundamentals:
Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have...
Moving averages are among the most popular Tezos price prediction tools. As the name suggests, a moving average provides the average closing price for XTZ over a selected time period. For example, a 12-day simple moving average for XTZ is a sum of XTZ’s closing prices over the last 12 days which is then divided by 12. In addition to the simple moving average...
Looking at our XTZ daily chart, we have broken out of the longer descending channel and looks like we are ready to make our next leg up! as far as support goes we have quite the cushion below us, we have strong support at our current position at 4.4$, support at 3.9$, uptrend support coming from the last bottom in the descending channel, and finally the top of the...
