Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • Altcoins
  • Crypto Trading
  • Cryptocurrency
  • News
  • Price Analysis
  • Tezos (XTZ)

Tezos (XTZ) Surges to $3.99, Printing Recovery Signs

Franklin Smith December 6, 2021 2 min read
  • Tezos price shows bullishness today.
  • XTZ/USD secured support level at $3.40.
  • However, the alt suffered rejection at higher levels.

This analysis presents a positive stance on Tezos throughout today as the alternative coin has chances to rise during the incoming sessions. XTZ/USD seems ready to record an upswing after the alt broker a massive resistance zone at $3.30. That has had analysts predicting recovery for Tezos over this week.

The crypto space has displayed mixed results within the past 24 hours. However, most tokens have regained their losses following the latest market crash. As the altcoin market struggles to rise, market leaders, BTC and ETH, surged by 0.26% and 0.43%, respectively.


trade now

Tezos Encounters Rejection at $3.99 High

Today’s session had XTZ/USD prices fluctuating inside the $3.6 – $3.99 range amid lower volatility over the last 24hrs (data from Binance Exchange). Meanwhile, trading volume has surged 139% towards $434 million. For now, Tezos ranks 43rd (Coinmarketcap), with its market cap hovering near the $3.53 billion mark. Meanwhile, XTZ has gained a $0.11 value today. While writing this article, XTZ trades at $3.39, with a 1.15% surge within the previous day.

XTZ/USD 4Hrs Chart – Tezos Recovering Previous Loss

The four-hour chart indicates that XTZ accelerated over the recent hours. That shows that the altcoin may have the potential to reverse its downbeat mood in the coming days. Keep in mind that Tezos has maintained a downward trajectory over the past few weeks. On 30 November, XTZ touched another massive swing low at $4.27, translating to an over 50% correction from the alt’s previous high.

On Monday, the market saw a massive bullish rally, and XTZ returned to levels at $6. That followed a sturdy higher high establishment. Meanwhile, bulls could not keep this strength for long, and the altcoin plummeted gradually over the week.

Tezos plunged massively again today after a slight upward test overnight. That had it shattering the previous low, resulting in a new massive swing low at $3.40. Nevertheless, a strong higher reaction followed. Thus we expect XTZ to surge in the coming days.

Final Thought

Tezos maintains a bullish picture today. For now, market players expect a recovery as the alt registered a sharp surge past $3.40. As XTZ/USD displayed a significantly higher reaction in the last few hours, bears may weaken, translating to higher prices.

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: Elon Musk Makes Fun Of Web3.0 On Twitter
Next: Texas Electric Power Company Boss Is Pro Bitcoin

Related Stories

Bitcoin Adoption By Guatemalan Merchants Increases Through Tattoos 
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News
  • Stablecoin
  • Terra (LUNA)

Bitcoin Adoption By Guatemalan Merchants Increases Through Tattoos 

February 2, 2023
Recent Bullish Crypto Market Yields Approximately 44,000 New Bitcoin Millionaires – Report
2 min read
  • Altcoins
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News

Recent Bullish Crypto Market Yields Approximately 44,000 New Bitcoin Millionaires – Report

February 2, 2023
Hong Kong To Facilitate Institutional Investors With Tokenized Green Bonds
3 min read
  • Cryptocurrency
  • Metaverse
  • News
  • Regulation
  • Scam / Hack
  • Web3

Hong Kong To Facilitate Institutional Investors With Tokenized Green Bonds

February 2, 2023

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$23,455.00
-1.94%
ethereum
Ethereum (ETH)
$1,638.10
-2.07%
tether
Tether (USDT)
$1.00
0.01%
binancecoin
BNB (BNB)
$320.41
-0.26%
usd-coin
USD Coin (USDC)
$1.00
0.09%
ripple
XRP (XRP)
$0.408265
-1.20%
binance-usd
Binance USD (BUSD)
$1.00
-0.11%
cardano
Cardano (ADA)
$0.399546
-2.12%
dogecoin
Dogecoin (DOGE)
$0.090859
-4.19%
polkadot
Polkadot (DOT)
$6.55
0.10%

Recent Posts

  • Trade.com Review – Is Trade.com Scam or a Proper Broker?
  • Bitcoin Adoption By Guatemalan Merchants Increases Through Tattoos 
  • Recent Bullish Crypto Market Yields Approximately 44,000 New Bitcoin Millionaires – Report
  • Hong Kong To Facilitate Institutional Investors With Tokenized Green Bonds
  • Ripple Realizes Strong Growth with $226M XRP Sold in Fourth Quarter
  • India 2023 Budget Retains Strict Crypto Tax Rules
  • Where Did Terra Developers Go After Network Collapsed?
  • Core Scientific Strikes $70M Loan Deal With B. Riley
  • BTC Miner Greenidge Reduces $72M Debt With NYDIG To $17M
  • South Korean Law Enforcement Investigates $8M Crypto Scam Targeting Investors
  • Floki Won’t Actually Burn $115M Worth of Tokens: Here’s Why
  • HSBC Reveals Crypto Industry Move with Job Openings
  • Binance Shuts Down Several Accounts Amid Bitzlato Investigation
  • ETH Added An Average Of Over 130,000 Addresses Daily In 2023
  • UK’s Charity Commission Probes Charity Organization Linked To FTX

Categories

You may have missed

Trade.com Review – Is Trade.com Scam or a Proper Broker?
4 min read
  • Cryptocurrency Brokers

Trade.com Review – Is Trade.com Scam or a Proper Broker?

February 3, 2023
Bitcoin Adoption By Guatemalan Merchants Increases Through Tattoos 
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News
  • Stablecoin
  • Terra (LUNA)

Bitcoin Adoption By Guatemalan Merchants Increases Through Tattoos 

February 2, 2023
Recent Bullish Crypto Market Yields Approximately 44,000 New Bitcoin Millionaires – Report
2 min read
  • Altcoins
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News

Recent Bullish Crypto Market Yields Approximately 44,000 New Bitcoin Millionaires – Report

February 2, 2023
Hong Kong To Facilitate Institutional Investors With Tokenized Green Bonds
3 min read
  • Cryptocurrency
  • Metaverse
  • News
  • Regulation
  • Scam / Hack
  • Web3

Hong Kong To Facilitate Institutional Investors With Tokenized Green Bonds

February 2, 2023
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%