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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.