Hello again my friends!! How is everyone doing? 😀
It your mate LJ here doing our daily price analysis of interesting cryptos in the industry.
For this segment, I would like to discuss the current movement of Tezos or XTZ against Bitcoin.
This is very interesting to talk about because this crypto already move a significant amount and it is still holding its structure for a long long time already.
Although right now it already made its move of upto 40% from the lows.
But this is really a good crypto to be involved in in my opinion based solely on the price action.
The range is quite big and actually very clear and easy to navigate with as we can see in the white box.
The key to this really is patience to wait for the lows and accumulate in the support area.
As of now, the price is still yet very high.
For me personally, I would really be interested in participating if the price will go back to 25,000 satoshi area.
That is really quite strong support and is really holding very well.
If for others, they are really bullish with this, they can also wait even in the 30,000 area but that would be in the middle of the range.
Above all, it is always important to be safe and always have a plan when entering in the markets.
Till next time,
See you on my future posts and have a great day! 😀
Cheers!!😀