Tezos - possible good crypto asset for your future ( this not an investment advising suggestion)

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Avatar for ElBalkumbero
4 years ago

Tezos,

founded in 2014 by Arthur Breitman, an ex-Morgan Stanley analyst and was released during the year of 2017. 

Being credited as “the self-amending cryptographic ledger” regarding to its on-chain self-governing procedure, Tezos allows for developers to code their own protocol upgrade proposals and also, allows the community to vote on whether they should be tested and as well, implemented. 

Tezos definitely represents, the first self-developing blockchain platform inside the cryptonian market.

Taking a look at the weekly chart, we can clearly see that Tezos restarted its climbing from the support at $0.35 during the early periof of 2019.

The first level of resistance was at $1.67 which was provided by a long term bearish 0.236 Fibonacci Retracement level, being measured from the month of May 2018 high to December 2018 low. 

The immediately followed resistance came at $1.83.

Tezos most certainly will have the potential to climb more than 235% in 2020 to reach the target of $5.00 by the end of this year.

I'm not an investment advisor and oyu can do your own researches and take part of Tezos protocol for your own future. ( this not an investment advising suggestion)

Regards readers from the Readcash crypto planet. 



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Comments

I can agree with you ! So when you decide to enter the crypto market just make sure you know exactly

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3 years ago