This Crypto May Explode as it Flirts with a Massive Demand Zone

Throughout most of 2019 and the early months of 2020, Tezos incurred some immense bullishness that allowed it to post massive gains, with the crypto setting fresh all-time highs just a couple of months ago when its bullishness reached a boiling point. It is important to note that although much of this bullishness was invalidated by the decline seen throughout March, XTZ is now reaching a notable demand zone that could lead it to rally significantly higher in the days and weeks ahead. As for how high this could send the crypto, one analyst believes that it will see especially notable gains against its Bitcoin trading pair, potentially allowing it to climb 20% or more. Tezos Reaches Key Demand Zone as Analysts Watch for an Explosive Reaction At the time of writing, Tezos is trading up just under 1% at its current price of $1.70, which marks a slight decline from weekly highs of $1.77 that were set yesterday. It also, however, marks a notable climb from lows of $1.48 that were set last Sunday, with the crypto posting a strong recovery from these lows shortly after they were set. Read More...

Antminer Banner.png