• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

Tezos Price Forecast Q4 2020: Missing Out on Recent Demand in Cryptos

by CBDC Insider
November 25, 2020
in Business
Reading Time: 1min read
0
Tezos Price Forecast Q4 2020: Missing Out on Recent Demand in Cryptos
Share on FacebookShare on Twitter

Tezos (XTZ), which ranks 18th by market capitalization, at around $ 1.55 billion as of November 15th 2020, started life in the middle of 2018, which was not the best time for cryptocurrencies, since the digital currency market was in the middle of a major pullback, after the surge at the end of 2017. As a result, it followed the main cryptos down in the first few months of its life, losing more than 90% of its value until December of that year.

But, it came back to life in 2019, as its use increased and the cryptocurrency market started to revive once again, and in August 2020, it reached $ 4.38. However, it didn’t benefit from the surge in the digital currency market during October and November, when Bitcoin and other cryptos surged higher, which raises questions. But the 20 SMA is holding as support on the monthly chart, and there are some fundamental developments going on for Tezos, so hopefully the bullish momentum will resume, although it’s not all that certain right now.

Read more: https://www.fxleaders.com/forecasts/crypto/tezos-price-forecast/

RELATED STORIES

Japan to Set Up Panel on Central Bank Digital Currency

Japan to Set Up Panel on Central Bank Digital Currency

March 30, 2023
Russia Delays Digital Ruble Launch Testing Due to Lawmaking Process

Russia Delays Digital Ruble Launch Testing Due to Lawmaking Process

March 30, 2023
Previous Post

China’s Xi Jinping Urges G20 to Lay Groundwork for CBDC Adoption

Next Post

Australia Plans to Test Paperless Trade with Singapore Using Blockchain

Next Post
Australia Plans to Test Paperless Trade with Singapore Using Blockchain

Australia Plans to Test Paperless Trade with Singapore Using Blockchain

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register