250% increase since the beginning of the year – Tezos entered the top 10 cryptocurrencies by capitalization

250% increase since the beginning of the year – Tezos entered the top 10 cryptocurrencies by capitalization

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The Tezos project coin has risen in price over the past week by 20% and entered the top ten in terms of market capitalization.

Since the beginning of the year, XTZ has grown by 250%, from $ 0.49 to $ 1.71. At the moment, the price is approaching the annual maximum recorded in May – $ 1.84.

CryptoFibonacci analyst believes that the growth of XTZ will continue.

Loved it when I did my Livestream a week or so ago, loved it a few days ago. Not so much in love with it now.

Price is outside of the upper Bollinger Band and it is hitting a confluence of resistance. Watching the retrace.

“The price is above the upper Bollinger band and broke through the resistance levels. We are witnessing the restoration of XTZ, ”he wrote.

The same opinion is shared by RATICOIN, which marked the bullish flag on the 4-hour timeframe of the XTZ chart.

“I only watch fast-paced coins, and Tezos is one of them,” he said.

This week, the Kraken bitcoin exchange announced support for XTZ staking at 6% per annum. Earlier, Binance announced the support of coin staking. An option has also been added to the Ledger hardware wallet.

In November, the price of Tezos jumped by 53%, after a statement by Coinbase about coin staking. In September, listing on XTZ gave a positive impetus to listing on Binance.

Earlier it became known that the non-profit organization Tezos Foundation, which is behind XTZ, has assets worth $ 652 million, 61% of which are bitcoins.

250% increase since the beginning of the year – Tezos entered the top 10 cryptocurrencies by capitalization

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