Tezos - This open-source platform bills itself as "secure, upgradable and durable" - and claims its smart contract language provides the precision needed for important use cases. Tezos says its approach means it is future-proof and “will remain state-of-the-art.”
🧱 Fundamentally:
Tezos is a smart contract-based blockchain network that is not too different from$ETH but there is a big difference: Tezos aims to offer a more advanced infrastructure and can evolve and improve over time without the danger of a hard fork.
This is something that has plagued both Bitcoin and Ethereum since their inception. People who own XTZ can vote on protocol upgrade proposals put forward by Tezos developers.
🛠 What about the technical stuff?
After breaking through the bullish wedge pattern, the coin hit an important resistance level of $0.94. The price has gone sideways below the level and is getting closer every day. As our people say: the spring compresses - X's are inevitable! 🏵 Volumes have been growing over the last 2 months, and the RSI indicators have unloaded from the overbought zone on the daily and weekly time frames. The volume profile shows high interest at +- current levels.
💼 Buying Tezos for a medium-term portfolio
🔎 Ticker: $XTZ
✳️ Entry price: $1.1
🛡 Stop loss: it is better to take a deal without a stop in investment.
💼 Volume per transaction: up to 1-2% of the crypto portfolio.
🎯Targets: $1.47 (speculative), $4.09 (medium term), $8.2 (long term).
📈 Coin growth potential: up to 650%
The medium-term will outperform any trading strategy in terms of profitability, so I carefully assemble my portfolio. In it I bet on crypto, raw materials and metals. There are a bunch of new ideas with great potential ahead, subscribe 🚀
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