Tezos (XTZ) is one digital currency that has faced a lot of challenges and skeptics over the past months. However, the digital currency has refused to slow down. Tezos has been thriving in the digital currency space despite the challenges it has encountered. The digital currency has also managed to find its way to the 17th position on the list of top digital currencies in the market. The price of Tezos over the past months have been somewhat impressive. The bullish Tezos price prediction and Tezos news today are also aiding the growth of XTZ USD live price. Tezos also has a very strong team and outspoken founder behind it.
The Founder of Tezos Said the Project Will Be Very Successful – Will the Price of Tezos (XTZ) Test a New High This Month?
There are more than 2100 digital currencies in the market today according to CoinMarketCap. The majority of them are struggling to thrive and remain relevant in the market. Only a few are achieving great success and dominating the market. The most dominant among them is Bitcoin (BTC), with a dominance level of 55 percent according to CoinMarketCap. A lot of altcoins are also trying, and they are beginning to grab the attention of digital asset investors, merchants, banks, and other strategic partnerships.
Tezos is also among the best performing digital currencies in the market. The digital currency has achieved a great level of success, even though it is still criticized by many. The founder of Tezos (XTZ) – Arthur Breitman – is very confident about the blockchain project. He very bullish and outspoken about the project and he believes it will stand out from the rest of the coins in the altcoin market.
Tezos Is a Leaderless Smart Contract Platform – What’s the Fate of XTZ USD Price 2019?
The founder of Tezos said the project is a genuinely unique product. He said the project is unique in being a truly leaderless smart contract platform. The message of Tezos is pretty simple: “It is the only chain you need; it calibrates to do anything.” By not having a leadership role or figurehead behind the project, Breitman aims to let the members of the community, the real users of the product, to determine what they want the project to look like. In his view, this shows how crucial governance is for a blockchain network.
Tezos Price Analysis – Tezos Price Prediction 2019 – Tezos Price Forecast – XTZ USD Live Price
Since the beginning of this month, the price of Tezos has been in an upward trend. The price of Tezos is trending over the 12-day exponential moving average. Tezos is also making an array of higher highs and higher lows signaling an uptrend. The 12-day and 26-day exponential moving averages are also moving upwards, signaling an upward trend. The price of Tezos tested the $1.4 resistance level late last month, but it lacked more bullish momentum and plunged lower.
At the moment, XTZ USD price is supported at the $1.20 level. The immediate resistance of the digital currency is at the $1.35 level.
Tezos XTZ Price Today – XTZ USD Live Price
At the press time, the price of Tezos is $1.25 after a decrease of about three percent over the past day. The current market cap of the digital currency is $943.14 million. The trading volume of Tezos (XTZ) over the past day is $4.71 million.