Tezos (XTZ)
Tezos(XTZ) 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.
1. XTZ Basic Info
| Symbol | XTZ |
| Name | Tezos |
| Web Site | https://www.tezos.com/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://tzkt.io/ |
| Forum | -- |
| Mining | |
| Supply | -- |
| Available Supply | 1032380000 |
| Market Cap | 793280792 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | -- |
| Release Date | 2017-10-03 |
2. XTZ Technical Info
2.1 XTZ Kline Chart Price
2.2 XTZ Technical Analysis
The price is likely to experience a period of consolidation within a range. Initially, expect a slight downward movement, potentially testing the support level around 0.755-0.760. This will be followed by a period of sideways trading with limited volatility. The trading volume is expected to remain relatively low during this consolidation phase.
Subsequently, a potential breakout might occur. There is a higher probability of an upward breakout, but it is not very strong. If it occurs, the price could test the resistance level near 0.780-0.785. However, the upward movement could be short-lived and might face resistance.
The overall trend is still under bearishness, but a temporary stabilization is expected. Investors should watch closely for signals of a potential breakout.
