Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.
This major crypto is going parabolic as analysts eye a movement to fresh highs
Tezos has been one of the most bullish cryptocurrencies throughout late-2019 and 2020, with the crypto finding itself caught within an intense uptrend that has only been rivaled by that of Chainlink.
Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider
Crypto software firm Zabo, which claims it can connect bank accounts directly to cryptocurrency wallets, raised $2.5 million to build out its engineering team and add new customers.
Price Analysis Mar 4: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
If the bears can sink the price below $8,400, a drop to the next support at $7,856.
Price Analysis Mar 2: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
With the recent fall in Bitcoin, the price action has been exactly following the popular stock-to-flow Bitcoin price forecasting model designed by PlanB. He expects the price to average about $8,650 until Bitcoin's halving in May. It would be interesting to see how Bitcoin behaves if the coronavirus scare persists.
Price Analysis Feb 28: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
The failure to push the price above $9,000 is likely to attract another round of selling that can drag the leading cryptocurrency to the next support zone at $8,240.
Price Analysis Feb 26: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
BTC/USD. Bitcoin has broken below the small descending channel and the psychological support at $9,000.
Tezos & Chainlink Prices Slide 10%
The resistance at $4 was discussed in a previous analysis focused on Tezos and Chainlink and since then Tezos rallied towards this resistance and swiftly rejected it at this level.
Price Analysis Feb 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
If the price breaks out of the channel, the bulls can carry the price to $10,500.
Top 5 Cryptos This Week: XTZ, HEDG, ATOM, MKR, LTC
Although there has been no major announcement or development in XTZ this week, the price has managed to be the top performer with a 12% gain.
Tezos Price Losing Steam After Dropping to Ascending Trendline?
Over the past week, Bitcoinand altcoins have taken a serious hit and currently, Bitcoin is still down 7.09% since topping out at $10,485 on Feb. 13.