Tezos XTZ price movement is enjoying a unique trend in the cryptocurrency market. The 10th largest crypto by market capitalization has not only hit the all-time high above the $3 mark but also recorded as much as five percent gains in the past 24-hours.
Tezos XTZ price gain in the past 24-hours is higher than any other cryptocurrency in the top ten list, while the crypto enjoys a market capitalization of two billion three hundred eighty-nine million United States dollars ($2389589857).
The crypto started climbing the bullish ladder towards the all-time high of $3.72 since the start of February and by the 12th of February, it had already hit the high. Interestingly, despite the bleeding out Sunday Tezos XTZ maintained the high price levels above the $3 mark. At the time of writing, the cryptocurrency stands at a trading value of $3.4550.
Tezos XTZ price movement: What to expect?
Tezos XYZ is showing a strong position and cryptocurrency analyst on Trading View MacRich Trading believes that the cryptocurrency is set to make new records at $4.50, $7.50 and $10, respectively.
While on the other hand, another trader Eldtrades believes that the Tezos XTZ price is going through a falling wedge at the moment, however, it is going to break out to new highs anytime soon.
Like every other cryptocurrency, Tezos is also volatile and any trading decisions must b based on proper investigation of the price movement and adjusted accordingly.
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Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.