To understand XTZ & EOS is to understand zombie blockchain theory. Last year AVAX SOL ATOM where the winners against ETH via the defi pump where XTZ & EOS were to ETH back in 2017-2018 winners because they were competing vs ETH for smart contracts.
But since then there has been no FA news no developments. While ETH AVAX SOL ATOM ADA are constantly growing. So...
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XTZUSD is forming the bear flag .
It doesn´t look like xtz formed the bottom like other altcoins did therefore we expect the bear flag to break down.
- price in a distribution mode
- wait for a break down to enter the trade
- target: 1 $
XTZUSD (1H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 1.864 resistance level. Only the downward break of 1.773 would cancel the bullish scenario.
Stop loss: 1.773
Take profit 1: 1.920
Take profit 2: 2.010
Strategy: Bullish breakout
Based on the chart, $XTZ has been corrected to 1.48 which is around 50% fibonacci retracement . So, in the short term TF we might see $XTZ trading range tightened in $1.57-1.72 range. If breakout from 100% fibonacci could take place, we might see a bulish continuation to $2.2 - 2.3 price range.
This TA is purely my personal opinion and is not financial advice. keep DYOR
I mean- it's been prophecised
Illuminists put it on the cover of The Economist
NSA published a paper on blockchain in 1996
Does bitcoin- probably not...
Here are my 5 current picks:
ICP- see previous idea
ZEC- acceptable face of privacy coins, going POS
XTZ- decent POS consensus, established chain, nice discount from ath
EOS- scalable; ...
XTZ is the first to setup with a short squeeze. Triggering above 1.61 this has potential to get close to 2.95 without much problem over the next few weeks. For the long term holder this a strong entry with potential to take out some gains around the 2.91 area after a solid 80% trade.
In response to the Federal Reserve increasing interest rates yet again, the markets - both in stocks and crypto (and housing soon to come) - have been dropping pretty hard lately. For crypto investors out there: this is the sound of mainstream money from the general public leaving the space - they came for the party, then left after the party was over. The craze...
News of record high inflation and the federal reserve's plan to increase interest rates this year has a lot of people worried that a recession (probably on a global scale) is coming this year. After over a decade of constant growth in the US stocks and real-estate markets, we're finally going to see the bubble pop. GDP is down, governments are broke, and
XTZ Tezos, the self-amending cryptographic ledger now has been backed by the biggest stable coin USDT.
This will help XTZ succeed further more. Tezos fundamentals are very strong as its already ahead of the POS competition.
"Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the...
Tezos (XTZ) broke from the pack yet again today, outperforming most major coins despite today's downturn in the overall markets.
- Fork-less upgrades and on-chain governance models on XTZ provide tangible solutions to a lot of the issues the crypto industry is going through right now, especially in DAOs.
- Recession talks are getting more people into a savings...
The following content is machine translation:
On the daily chart, since May 12, a volatile upward trend has been formed, and the resistance level is around 2.2. In the case of the overall correction today, XTZ unexpectedly started to counterattack, and now it has reached the resistance of 2.2, rising 4.27% within the day, which is relatively strong.
In terms of...
Made a list of a few things for crypto holders to be optimistic about the recession/depression about to unfold in the global markets right now.
- Crypto's market cap is less than 1% (possibly even less than 0.1%) of traditional stocks. If the stock market goes down,
- Banks are taking their time raising interest rates on savings accounts while pushing mortgage...