Cryptocurrency

17/04/19 08:12 UTC-4

Tezos cryptocurrency has grown by almost 10% in one day

Tezos cryptocurrency rate has grown by almost 10%
Tezos cryptocurrency rate has grown by almost 10%

On April 17, Tezos (XTZ) cryptocurrency increased by almost 10%. The cost of one XTZ coin unexpectedly rose to $ 1.20, which in Bitcoin equivalent is 0.00022848 BTC.

 

Tezos – course growth

Today, Tezos cryptocurrency (XTZ) showed a 10% increase. The price has risen to $ 1.20 (0.00022848 BTC). The overall market capitalization was $ 785,663,974, equivalent to 151,262 BTC (Bitcoins). At the same time, the average daily tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
volume of a cryptocurrency asset is $ 5,591,129, in Bitcoin equivalent – 1,076 BTC.

Interesting in the section: Basic principles of work of Tezos

Recall that Tezos is a multi-purpose blockchain-platform that supports work with dApps and smart-contracts. Now, on the cryptocurrency chart there is a noticeable "Bullish move" pattern, which began on April 15 of the current year with a mark of 1.09 US dollars.

According to the Cryptobit Media technical analyst,  the value of the coin will still grow. Even though yesterday's maximum asset price was only $ 1.16 (minimum $ 1.04). At the same time yesterday, a growth rate of 7.8% was also noticeable. For example, yesterday's trading session was open at a price of $ 1.07 and closed at a position of $ 1.15.

In addition, the asset support line is at the level of 1 USD, and resistance is at 1.25 USD. If the cryptocurrency can break through the barrier of $ 1.25, then we can expect a rise to $ 2 per XTZ.

Tezos cryptocurrency has risen in price by 10% in one day. Recall that yesterday it was noticed that Bitcoin does not stop moving within the framework of the Bear Flag pattern, which means a slight price reduction before a significant increase.

Editor: Yulia Krasnaya

See also: "France wants to convince the European Union to create a single regulatory legal base of cryptocurrencies"

#Tezos #cryptocurrency #XTZ #Bitcoin #analytics

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