• Tezos (XTZ) is currently trading at $1.33 and has a market cap of $1.1 billion
• Technical indicators suggest that XTZ/USD may continue to follow the uptrend, with potential resistance levels of $1.60, $1.70, and $1.80
• Against Bitcoin, Tezos (XTZ) is likely to maintain the bullish movement in the long term
Tezos Price Prediction
The Tezos price prediction shows that XTZ is currently pushing higher with 9.04% gains as the coin manages to face the north. The push to the upside allows the Tezos price to climb back to the positive side, showing that buyers are likely to dominate the market.
XTZ/USD Market Key Levels
At this time of writing, XTZ/USD may continue to follow its uptrend if bulls increase buying pressure and break above its channel’s upper boundary around $1.40 resistance level. If successful, it could take XTZ towards potential resistance levels of $1.60, $1.70 and $1.80 as technical indicator Relative Strength Index (14) move into overbought territory. On other hand, if bears take control of market then XTZ/USD could be forced down towards support levels at $1.00, 0$.90 and 0$.80 respectively.
XTZUSD – Daily Chart
Looking at daily chart for XTZ/USD suggests that it has managed reach a daily high of $141 as market opened today during European session also allowing Tezos price climb back into positive territory while bouncing above 9-day and 21-day moving averages which shows buyers domination in market .
Tezos Price Prediction: Ready for Upside?
As per current trends in market , it looks like Tezos Price May Be Ready for Upside . As against Bitcoin , Tezos (XTZ) continues demonstrate some positive signs across markets and coin is likely maintain bullish movement long term while staying within channel boundaries will help take coin higher levels .
In conclusion , trend analysis suggests that Tezos (XTZ) is looking good both against USD & BTC with potential upside on cards however investors should exercise caution before investing in any cryptocurrency as prices can be volatile due to various factors such external news & regulations .
• Polygon (MATIC) has revealed the launch date for its zkEVM Mainnet Beta — March 27th 2023.
• The project promises that the beta mainnet will provide major improvements to cryptography and blockchains, such as reducing transaction costs and increasing speed.
• Additional information regarding what the network will include will become available in weeks leading up to the launch date.
Polygon Reveals Launch Date for zkEVM Mainnet Beta
Polygon (MATIC), an Ethereum scaling project, has announced a launch date for its zero-knowledge Ethereum Virtual Machine (zkEVM) beta mainnet — March 27th 2023. The project promises that this launch will bring major improvements to cryptography and blockchains, such as reducing transaction costs and increasing speed.
What Does This Mean?
The introduction of zkEVMs is viewed by many as a turning point for blockchain technology, as it allows networks to process transactions on Layer 2 much faster than would be possible on the mainnet alone. This could drastically reduce transaction fees while speeding up the entire process of using blockchain services.
What Will Be Included In The Beta Network?
While Polygon has not revealed exactly what will be included in the beta network yet, they have said that additional information regarding this matter will become available in weeks leading up to the launch date. They also mentioned that security will be their top priority when developing this new system.
Who Is Polygon?
Polygon is one of the largest crypto projects in the industry, and is focused on providing scalability solutions for Ethereum-based networks. It was founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic with a mission to enable faster transactions on Ethereum’s blockchain while maintaining a high level of security and decentralization.
• THETA price rose 12.93% to trade above $1.20 on Tuesday, adding to the gains since the start of the New Year.
• The price action was defined by a series of higher highs and higher lows leading to an ascending parallel channel on the daily time frame.
• Bulls were determined to scale the price higher with strong support from key levels such as the middle boundary of the rising channel at $1.16 and lower boundary at $1.07, embraced by 200-day SMA.
THETA Price Rises 13%
The THETA token rose 12.93% to trade above $1.20 on Tuesday, adding to its gains since the start of the New Year. This rally was marked by a series of higher highs and higher lows leading to an ascending parallel channel on the daily time frame.
Bulls Determined To Scale Higher
Bulls were determined to take THETA’s price even higher with strong support from key levels such as the middle boundary of the rising channel at $1.16 and lower boundary at $1.07, embraced by 200-day SMA. In addition, technical indicators such as moving averages and MACD all supported a bullish outlook for THETA’s price action in coming sessions.
Key Resistance At $1.20
The immediate resistance level that bulls need to breach is around $1.20 – which is a psychological level for traders – in order for them to gain more ground over bears in coming sessions; if this happens then we could possibly see a 14% rise towards major resistance level at around 1$34 in next few days time period..
Technicals Validate Bullish Outlook
Technical indicators validate this bullish outlook with increasing momentum behind it; moving averages suggest that there will be more upside while MACD signals upwards trend continuation in near future as well – both pointing towards success of bulls‘ strategy against bears‘.
In conclusion: despite current market conditions being uncertain due to coronavirus pandemic and other macroeconomic factors, investors should carefully assess their risk appetite before investing into any asset class such as cryptocurrencies like Theta Network (THETA). Technical analysis suggests that there may be short term upside potential for THETA but no one should put all eggs into one basket when trading digital assets as markets can be unpredictable sometimes!
• Cryptology News reviewed the Meta Masters Guild, a Play-to-Earn crypto project that has raised $2.05 million in its token presale.
• The goal of the project is to create a decentralized gaming community where players can earn long-term incentives for their contributions.
• The Meta Masters Guild recently crossed the $2.05 milestone in its stage four presale and there are only ten days remaining until the next price increase on stage five.
Cryptology News Reviews Meta Masters Guild
Cryptology News recently reviewed a new Play-to-Earn crypto Meta Masters Guild that has raised $2.05 million in its token presale. This cutting edge Web3 gaming initiative is gaining significant attention from investors and its tokens are selling out quickly during its ongoing presale.
Meta Masters Guild Overview
Meta Masters Guild is the first mobile-focused Web3 gaming realm that aims to revolutionize the Play-to-Earn ecosystem. Its goal is to create high quality blockchain based mobile games and establish a decentralized gaming community wherein players can earn long term incentives for their contributions to the ecosystem. The project looks to be at the forefront of Web3 gaming, rather than just another gaming guild, by incentivizing players who put their money and time into it while ensuring they are fairly compensated for their efforts.
Leading Edge Presale
The Meta Masters Guild’s presale has been met with much enthusiasm and is quickly becoming one of the fastest growing Play-to Earn platforms of 2023. It recently crossed the $2M milestone in its fourth stage, with each MEMAG token being sold at $0.016 currently, and only ten days left before prices increase at Stage Five of the presale. Guide on how to buy MEMAG tokens here: [Link]
Why Invest In Meta Masters?
Investors should consider investing in Meta Masters due to its innovative approach in creating a decentralised gaming community which rewards players for contributing to it over time as well as providing them with high quality blockchain based mobile games that will drastically transform web 3 gaming industry dynamics .
The Meta Master’s Guild provides an exciting opportunity for investors looking to get involved in this rapidly growing PTE crypto game environment and capitalize on this vibrant play -to–earn sector with great potential returns on investment over time .