Tezos News Today – Headlines for May 26

  • Tezos price is currently struggling on the day
  • Ethereum Classic has revisited its uptrend over the last 24-hours
  • VeChain rose by 8.79% in the last 24-hours

Tezos News Today – the digital asset market recently noted a minor surge in overall value. This action reportedly propelled the markets’ collective cap to $250 billion. At the same time, Bitcoin’s dominance of the cryptocurrency market continued. It is currently around the 65% mark. The latest swing upward could not push Bitcoin’s price above the $9,000 mark. However, market action helped many altcoins register fresh gains. Today we will be focusing on Tezos, Ethereum Classic, and VeChain.

Tezos Price is Currently Struggling

Recently, Swiss crypto broker, Bitcoin Suisse, revealed that it had added staking services and custodial support for Tezos, by leveraging its PwC-audited vault storage. This news didn’t affect the coin’s price because, at press time, XTZ, the number 10 largest digital asset by market cap was trading at $2.72. It gained a minor 1.15% surge in the last 24-hours.

Tezos also had a market capitalization of $1.93 billion. It has a 24-hour trade volume of $86.29 million at press time. The XTZ/USD pair’s resistance and support areas seat at $3.62 and $1.64. The MACD pattern is currently below the signal line which depicts a bearish phase for the digital token

Ethereum Classic Has Revisited its Uptrend

Ethereum Classic’s upgrade known as Pheonix is just a few days away. Meanwhile, the coin has undergone numerous pullbacks in recent sessions. However, it could undergo a reversal soon. The number 19 crypto by market cap, Ethereum Classic, was trading at $6.75 after enjoying a slightly positive action that saw it gain 1.68% in the past 24-hours.

At press time, ETC held a market cap of $785 million, and a 24-hour trade volume of $1.46 billion. The ETC/USD pair has major resistance at $8.43 and support at $3.44. The dotted marks were below the coin’s price candles, which indicates a bullish phase for the digital asset. The Awesome Oscillator is seen as the closing green bars and is currently in a positive trend.

VeChain Price Rose by 8.79% in the last 24-hours

The Blockchain network, VeChain, has recently revealed that it is developing E-Hcert. E-Hcert is a Blockchain-based coronavirus records app. The arrangement will be in collaboration with I-Dante. The price of VET was trading at $0.0049 following a massive 8.79% rise in the last 24-hours.

At press time, the coin had a market cap of $274 million and a 24-hour trade volume of $204 million. VeChain has resistance at $0.0063 and support at $0.0023 at press time. RSI can be seen above the 50 level which suggests that there is buying sentiment among investors.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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