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Tezos prices are inside a bear flag amid a double bottom with support at $2.8. A close above the neckline may spark another wave of higher highs towards February 2022 peaks. Past Performance Tezos is inside a descending triangle, printing higher highs with a solid base at $2.8. Based on the formation in the daily chart, the path of least resistance is downwards from a top-down analysis. However, since there have been decent gains in the past few weeks, buyers may close above $3.7 and the upper trend line of the wedge for another leg up. Tezos Technical Analysis The XTZ price is inside a descending wedge with support at around $2.8. While there are higher highs, the Tezos coin could break above the double bottom neckline at $3.7 in a possible bullish breakout pattern as XTZ bottoms up. Ideally, the close above $3.7 should have high trading volumes in line with gains of February 28, confirming buyers. A close above the descending triangle could be the foundation of another leg up towards February 2022 highs of $4.5. What to Expect of Tezos Tezos is in range mode with caps at $2.8 and $3.7 inside a descending triangle. There is a double bottom, signaling possible strength. Despite confident traders, the coin is in bearish territory, provided prices are inside the bear flag.

The post Tezos (XTZ) inside a Bear Flag, Immediate Resistance at $3.7 appeared first on Cryptoknowmics-Crypto News and Media Platform.

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bitFlyer, Japan’s largest headquartered cryptocurrency exchange also licensed to operate in the US, EU, today announced the listing of 4 new crypto-assets for trading on bitFlyer USA. Starting today, Polkadot (DOT), Tezos (XTZ), Basic Attention Token (BAT), and Stellar (XLM) will be available for exchange. Further, bitFlyer USA customers will be able to deposit these […]

The post bitFlyer USA lists Polkadot (DOT), Tezos (XTZ), Basic Attention Token (BAT), and Stellar (XLM) appeared first on CryptoNinjas.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Since its ATH on 4 October, Tezos (XTZ) sharply downturned in a down-channel (yellow) over the last four months. During this phase, The 50 EMA (cyan) acted as strong resistance until the bulls flipped it […]

An American couple has rejected a refund from the Internal Revenue Service (IRS) after the agency taxed them for staking their Tezos (XTZ). In declining the IRS’ refund, the couple hopes to force the government provide clarity on taxes relating to crypto staking. Josh and Jessica Jarrett of Nashville, Tennessee, were first offered the refund […]

The post Investors Wait for Outcome of IRS Crypto Staking Case appeared first on Coin Bureau.

Tezos (XTZ) is starting to put the choppy days of January well behind it. The…

The post Tezos (XTZ) Continues to surge upwards as the chain announces a new sponsorship deal with Manchester United appeared first on Coin Journal.

Tezos (XTZ) price records gain on Thursday following the previous five day’s upside momentum. Tezos is facing a double whammy near the inflection point at $3.97. Investors can expect Tezos to take a U-turn after a successful bounce off this barrier. Tezos’s (XTZ) price rises 3% in today’s session. The price remains pressured near the

The post Tezos (XTZ) Price Keeps eye on $4.00 Above 50 DMA appeared first on CoinGape.

Crypto holders in the US might no longer pay income tax on their unsold, staked tokens following a major precedent set by a Nashville couple.

The United States Internal Revenue Service (IRS) is set to refund a Nashville, Tennessee couple, Joshua and Jessica Jarrett the sum of $3,293 being tax payment on 8,876 Tezos (XTZ) coins earned as staking reward by the duo. (Read More)