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Monte Carlo simulation shows high probability that XTZ will continue to rise and may reach a price around $0.751. Overview of Tezos (XTZ) • Current price: $0.6928 • 24h growth: +3.82% • 24h trading volume: $17,364,407 • Market capitalization: $689,750,556 • Drop from ATH: -92.39% (ATH: $9.12 on October 4, 2021) • Growth from ATL: +97.95% (ATL: $0.350 on December 7, 2018) • Circulating Supply: 995,612,667 XTZ • Total supply: 1,016,146,139 XTZ 2. Primary Trend Identification • Long-term trend: Tezos (XTZ) has undergone a strong downtrend from its ATH, falling more than 92%. Despite the significant loss, XTZ is currently stabilizing around $0.69, suggesting that accumulation may be taking place, preparing for a potential growth phase.

Monte Carlo simulation shows high probability that XTZ will continue to rise and may reach a price around $0.75

1. Overview of Tezos (XTZ)
• Current price: $0.6928
• 24h growth: +3.82%
• 24h trading volume: $17,364,407
• Market capitalization: $689,750,556
• Drop from ATH: -92.39% (ATH: $9.12 on October 4, 2021)
• Growth from ATL: +97.95% (ATL: $0.350 on December 7, 2018)
• Circulating Supply: 995,612,667 XTZ
• Total supply: 1,016,146,139 XTZ
2. Primary Trend Identification
• Long-term trend: Tezos (XTZ) has undergone a strong downtrend from its ATH, falling more than 92%. Despite the significant loss, XTZ is currently stabilizing around $0.69, suggesting that accumulation may be taking place, preparing for a potential growth phase.
Crypto Events/Updates/Listings/AMA for Jun 10thHDX | HydraDX is set to participate in the Polkadot Hydration campaign which will run for a year, aims to attract liquidity into the Omnipool. It will do this by distributing over $10 million worth of incentives through vDOT and HDX. The campaign is expected to offer initial annual percentage rates (APRs) of up to 260%. VAI | Vaiot is gearing up for a game-changing reveal that will transform the world of #LegalServices. 🌍⚖️ They are about to unveil product brand and details 🚀 RVF | RocketX Exchange will introduce walletless swaps, allowing users to switch between over 200 blockchains without the need to connect their wallets. ZK | Polyhedra Network has announced the launch of ZK Staking. This will allow token holders to stake their ZK tokens and in return, they will earn ZK and token rewards from ecosystem partners.WEMIX | Wemix Token is set to revise its public policy. The changes will include new terms, updated user rights, and new sponsorship guidelines among other updates.STFX | STFX hosting largest competition in the DeFi sector, the Battle Royale. The event in the STFX arena with substantial prize pool of $2,000,000. The top 25 traders and top 25 subscribers, with get individual prizes ranging from $5,000 to $100,000.DEP | DEAPCOIN will host a system maintenance for Cookin' Burger on June 10th.BORA | BORA will be undergoing system maintenance in preparation for the launch of BORA 3.0. This will affect all services related to BORA Portal and BORACHAIN mainnet, rendering them temporarily unavailable.ZEN | Horizen is set to undergo the EON 1.4 Gobi testnet hardfork on June 10th at epoch 2274, which is 9:21 am UTC. This upgrade introduces several new features. One of the key updates includes a new stake management system that supports the distribution of rewards to delegators via a smart contract.SNSY | Sensay will host a live stream on Google Meet at 2:00 PM UTC.BAX | BABB is set to provide the latest updates from their team during a community call at 16:00 UTC.XTZ | Tezos is set to host the Digital Art Mile by ArtMeta on June 10th-16th in Basel.FIL | Filecoin will participate in LabWeekFB in Healdsburg from June 10 to June 16th.CSPR | Casper Network is set to partner with Proof of Talk for its 2024 edition. The event is scheduled to take place in Paris.BMEX | PBitMEX Token’s CEO, Stephan Lutz, is scheduled to speak at the Proof of Talk conference in Paris.FLR | Flare Network is set to participate in the Proof of Talk 2024.FET | Fetch.ai will participate in the London Tech Week in London.VIB | Viberate’s co-founder, is set to be a featured speaker at the A2IMIndieWeek 2024 taking place in New York.NMT | NetMind Token will participate at the Data + AI Summit from June 10 to June 13 in San Francisco.#TrendingTopic #Events #Update #tezos #Vib $ZEN $FIL $FET

Crypto Events/Updates/Listings/AMA for Jun 10th

HDX | HydraDX is set to participate in the Polkadot Hydration campaign which will run for a year, aims to attract liquidity into the Omnipool. It will do this by distributing over $10 million worth of incentives through vDOT and HDX. The campaign is expected to offer initial annual percentage rates (APRs) of up to 260%.

VAI | Vaiot is gearing up for a game-changing reveal that will transform the world of #LegalServices. 🌍⚖️ They are about to unveil product brand and details 🚀

RVF | RocketX Exchange will introduce walletless swaps, allowing users to switch between over 200 blockchains without the need to connect their wallets.

ZK | Polyhedra Network has announced the launch of ZK Staking. This will allow token holders to stake their ZK tokens and in return, they will earn ZK and token rewards from ecosystem partners.WEMIX | Wemix Token is set to revise its public policy. The changes will include new terms, updated user rights, and new sponsorship guidelines among other updates.STFX | STFX hosting largest competition in the DeFi sector, the Battle Royale. The event in the STFX arena with substantial prize pool of $2,000,000. The top 25 traders and top 25 subscribers, with get individual prizes ranging from $5,000 to $100,000.DEP | DEAPCOIN will host a system maintenance for Cookin' Burger on June 10th.BORA | BORA will be undergoing system maintenance in preparation for the launch of BORA 3.0. This will affect all services related to BORA Portal and BORACHAIN mainnet, rendering them temporarily unavailable.ZEN | Horizen is set to undergo the EON 1.4 Gobi testnet hardfork on June 10th at epoch 2274, which is 9:21 am UTC. This upgrade introduces several new features. One of the key updates includes a new stake management system that supports the distribution of rewards to delegators via a smart contract.SNSY | Sensay will host a live stream on Google Meet at 2:00 PM UTC.BAX | BABB is set to provide the latest updates from their team during a community call at 16:00 UTC.XTZ | Tezos is set to host the Digital Art Mile by ArtMeta on June 10th-16th in Basel.FIL | Filecoin will participate in LabWeekFB in Healdsburg from June 10 to June 16th.CSPR | Casper Network is set to partner with Proof of Talk for its 2024 edition. The event is scheduled to take place in Paris.BMEX | PBitMEX Token’s CEO, Stephan Lutz, is scheduled to speak at the Proof of Talk conference in Paris.FLR | Flare Network is set to participate in the Proof of Talk 2024.FET | Fetch.ai will participate in the London Tech Week in London.VIB | Viberate’s co-founder, is set to be a featured speaker at the A2IMIndieWeek 2024 taking place in New York.NMT | NetMind Token will participate at the Data + AI Summit from June 10 to June 13 in San Francisco.#TrendingTopic #Events #Update #tezos #Vib $ZEN $FIL $FET
🔥🔥🔥 #tezos (XTZ) Battles Market Bears, Sees Price Rebound from $0.71 Lows Tezos (XTZ) has been enduring a bearish trend, marked by a 29% decline year-to-date and a recent 4% drop over the past week. Analysts are closely monitoring a potential upward movement aiming for $0.94, although failure to achieve this could trigger further downside towards $0.60. Currently, XTZ is trading at $0.77, with a significant uptick in accumulation evident as indicated by the Chaikin Money Flow (CMF) indicator, reflecting growing investor confidence amidst volatile funding rates. Despite ongoing consolidation within the $0.76 to $0.87 range, the market remains uncertain due to mixed signals. Positive funding rates suggest dominance of long contracts, while negative rates point to short contract prevalence, highlighting investor indecision about XTZ's short-term trajectory. Analysts emphasize that a breakout above $0.94 would signal bullish momentum, whereas a failure could potentially lead to a retreat to $0.60. Beyond price movements, Tezos recently rolled out its 16th upgrade on the mainnet, aimed at reducing block finality times to just 10 seconds. This enhancement, particularly beneficial for the Ethereum Virtual Machine-compatible L2 network Etherlink, positions Tezos competitively against other Layer 2 solutions like Arbitrum and Optimism in terms of transaction efficiency and cost-effectiveness. Arthur Breitman, Tezos co-founder, highlighted the Paris upgrade's improvements, emphasizing Etherlink's enhanced user experience and competitive advantage in transaction finality over leading Ethereum L2 solutions. Moreover, the upgrade introduces the Data Availability Layer (DAL), crucial for scaling Tezos' Smart #Rollups to potentially support millions of transactions per second (#TPS ) in the future. This scalability milestone underscores Tezos' commitment to advancing blockchain technology and enhancing its ecosystem's capabilities. Source - crypto-news-flash.com #CryptoTrends2024 #BinanceSquareTalks
🔥🔥🔥 #tezos (XTZ) Battles Market Bears, Sees Price Rebound from $0.71 Lows

Tezos (XTZ) has been enduring a bearish trend, marked by a 29% decline year-to-date and a recent 4% drop over the past week. Analysts are closely monitoring a potential upward movement aiming for $0.94, although failure to achieve this could trigger further downside towards $0.60. Currently, XTZ is trading at $0.77, with a significant uptick in accumulation evident as indicated by the Chaikin Money Flow (CMF) indicator, reflecting growing investor confidence amidst volatile funding rates.

Despite ongoing consolidation within the $0.76 to $0.87 range, the market remains uncertain due to mixed signals. Positive funding rates suggest dominance of long contracts, while negative rates point to short contract prevalence, highlighting investor indecision about XTZ's short-term trajectory. Analysts emphasize that a breakout above $0.94 would signal bullish momentum, whereas a failure could potentially lead to a retreat to $0.60.

Beyond price movements, Tezos recently rolled out its 16th upgrade on the mainnet, aimed at reducing block finality times to just 10 seconds. This enhancement, particularly beneficial for the Ethereum Virtual Machine-compatible L2 network Etherlink, positions Tezos competitively against other Layer 2 solutions like Arbitrum and Optimism in terms of transaction efficiency and cost-effectiveness. Arthur Breitman, Tezos co-founder, highlighted the Paris upgrade's improvements, emphasizing Etherlink's enhanced user experience and competitive advantage in transaction finality over leading Ethereum L2 solutions.

Moreover, the upgrade introduces the Data Availability Layer (DAL), crucial for scaling Tezos' Smart #Rollups to potentially support millions of transactions per second (#TPS ) in the future. This scalability milestone underscores Tezos' commitment to advancing blockchain technology and enhancing its ecosystem's capabilities.

Source - crypto-news-flash.com

#CryptoTrends2024 #BinanceSquareTalks
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Bullish
Did you know that Mike Shinoda from Linkin Park released a mixtape on Tezos? Ziggurats minted in 2021 as the "first generative NFT mixtape." It is a collection of 5,000 unique audio + visual NFTs. $XTZ #nfts #tezos #music
Did you know that Mike Shinoda from Linkin Park released a mixtape on Tezos?

Ziggurats minted in 2021 as the "first generative NFT mixtape." It is a collection of 5,000 unique audio + visual NFTs. $XTZ #nfts #tezos #music
⚡️ Coin of the day by social activity - Tezos (XTZ) Tezos is a self-upgradable and energy-efficient Proof of Stake blockchain. #XTZ #tezos
⚡️ Coin of the day by social activity - Tezos (XTZ)

Tezos is a self-upgradable and energy-efficient Proof of Stake blockchain.

#XTZ #tezos
Tezos is partnering with Baanx to create a non-custodial crypto debit card, allowing users to make fast and cheap transactions on the Etherlink blockchain, which is powered by Tezos Smart Rollups. The card will be accepted by over 110 million merchants worldwide that accept Mastercard. #tezos #tezosusdt #BTC_Bounce_Back_to_57k #BinanceTurns7 #SOFR_Spike
Tezos is partnering with Baanx to create a non-custodial crypto debit card, allowing users to make fast and cheap transactions on the Etherlink blockchain, which is powered by Tezos Smart Rollups.

The card will be accepted by over 110 million merchants worldwide that accept Mastercard.

#tezos #tezosusdt #BTC_Bounce_Back_to_57k #BinanceTurns7 #SOFR_Spike
Tezos may rise to 1.06 - 1.08 Our pivot point stands at 1.01. Our preference As long as 1.01 is support look for 1.08. Alternative scenario The downside breakout of 1.01 would call for 0.99 and 0.97. Comment The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.03 and 1.02). Supports and resistances 1.10 ** 1.09 * 1.08 ** 1.06 1.03 last 1.02 1.01 ** 0.99 * 0.97 ** #XTZ #tezos
Tezos may rise to 1.06 - 1.08

Our pivot point stands at 1.01.
Our preference
As long as 1.01 is support look for 1.08.

Alternative scenario
The downside breakout of 1.01 would call for 0.99 and 0.97.

Comment
The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.03 and 1.02).

Supports and resistances
1.10 **
1.09 *
1.08 **
1.06
1.03 last
1.02
1.01 **
0.99 *
0.97 **

#XTZ #tezos
Tezos may fall to 1.04 - 1.05 Our pivot point stands at 1.10. Our preference The downside prevails as long as 1.10 is resistance. Alternative scenario Above 1.10, look for 1.13 and 1.14. Comment The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.09 and 1.10). Supports and resistances 1.14 ** 1.13 * 1.10 ** 1.09 1.08 last 1.05 1.04 ** 1.02 * 1.01 ** "I'm a digital nomad, and your generous cash tips help me further my research and travels. Thank you!" #tezos
Tezos may fall to 1.04 - 1.05

Our pivot point stands at 1.10.
Our preference
The downside prevails as long as 1.10 is resistance.

Alternative scenario
Above 1.10, look for 1.13 and 1.14.

Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.09 and 1.10).

Supports and resistances
1.14 **
1.13 *
1.10 **
1.09
1.08 last
1.05
1.04 **
1.02 *
1.01 **

"I'm a digital nomad, and your generous cash tips help me further my research and travels. Thank you!"

#tezos
🆕 The Tezos Foundation, which promotes adoption of the #tezos #blockchain ockchain, announced today that it is working with Google Cloud to accelerate Web3 application development on the Tezos blockchain.
🆕 The Tezos Foundation, which promotes adoption of the #tezos #blockchain ockchain, announced today that it is working with Google Cloud to accelerate Web3 application development on the Tezos blockchain.
Tezos price primed for 15% to 25% gain as Mumbai upgrade elevates its transaction processing timeTezos price has traded on its Mumbai upgrade, which went live successfully on Wednesday. XTZ took a small slide lower in the past few days. With traders grasping what the update means for the future of XTZ, expect more inflow with bulls breaking out. Tezos (XTZ) price is taunting the odds as it unleashed its thirteenth core protocol upgrade this week. The upgrade, dubbed Mumbai, should lift the processing speed to 1 million transactions per second. It should also make it more secure, flexible and developer-friendly, elements that traders will applaud by buying a stake in the altcoin that could spiral up to $1.40. Tezos price can start cashing in on its protocol upgrade Tezos price is still caught between two forces from both bullish and bearish sides with the green and red trend lines as barriers. That investors and traders were awaiting the release of the Mumbai upgrade is seen in the rally on Wednesday with a near 10% gain intraday. Unfortunately, too many technical hurdles were coming together on the top side for a substantial rally higher. XTZ could still see traders welcoming this upgrade as the procession speed kicks it higher. Expect with the positive newsflow that bulls will have bought at $1.10 and push price action through the 55-day and the 200-day Simple Moving Average (SMA). A clean breakout trade can first see $1.20 and next $1.40 on the topside for a staggering 25% gain. Should another rejection occur near $1.15, bulls might flee the scene, however, and look for an easier altcoin to trade. That would translate itself into XTZ allowing a green ascending trend line break. A full swing lower, breaking $1, could test $0.95 in search of support. Bulls would see a red 15% loss in their trading book if they did not cut their positions by then.  #tezos #xtz #koinmilyoner #BTC #Binance

Tezos price primed for 15% to 25% gain as Mumbai upgrade elevates its transaction processing time

Tezos price has traded on its Mumbai upgrade, which went live successfully on Wednesday.

XTZ took a small slide lower in the past few days.

With traders grasping what the update means for the future of XTZ, expect more inflow with bulls breaking out.

Tezos (XTZ) price is taunting the odds as it unleashed its thirteenth core protocol upgrade this week. The upgrade, dubbed Mumbai, should lift the processing speed to 1 million transactions per second. It should also make it more secure, flexible and developer-friendly, elements that traders will applaud by buying a stake in the altcoin that could spiral up to $1.40.

Tezos price can start cashing in on its protocol upgrade

Tezos price is still caught between two forces from both bullish and bearish sides with the green and red trend lines as barriers. That investors and traders were awaiting the release of the Mumbai upgrade is seen in the rally on Wednesday with a near 10% gain intraday. Unfortunately, too many technical hurdles were coming together on the top side for a substantial rally higher.

XTZ could still see traders welcoming this upgrade as the procession speed kicks it higher. Expect with the positive newsflow that bulls will have bought at $1.10 and push price action through the 55-day and the 200-day Simple Moving Average (SMA). A clean breakout trade can first see $1.20 and next $1.40 on the topside for a staggering 25% gain.

Should another rejection occur near $1.15, bulls might flee the scene, however, and look for an easier altcoin to trade. That would translate itself into XTZ allowing a green ascending trend line break. A full swing lower, breaking $1, could test $0.95 in search of support. Bulls would see a red 15% loss in their trading book if they did not cut their positions by then. 

#tezos #xtz #koinmilyoner #BTC #Binance
Tez: The Swiss Army Knife of Crypto, Ready to Bake Its Way to the Top? The crypto space is a battlefield where projects vie for dominance, each wielding unique strengths. Tezos (XTZ), with its on-chain governance and energy-efficient staking, positions itself as a Swiss Army Knife in this competitive landscape. But can it overcome past stumbles and bake its way to the top? Upgrade Without Drama: Unlike other blockchains prone to disruptive forks, Tezos boasts a unique self-amending mechanism. This "baking" system allows XTZ holders to vote on upgrades, ensuring smooth evolution without the chaos of hard forks. It's like a well-oiled machine, constantly improving without throwing a wrench in the works. Staking for Sustainability: Tezos embraces the energy-efficient Proof-of-Stake consensus mechanism. Instead of the resource-intensive mining prevalent in other blockchains, Tezos uses "bakers" who stake their XTZ to validate transactions. This not only secures the network but also rewards users for their participation, making it a win-win for everyone. Beyond Just Transactions: Tezos aspires to be more than just a payment system. Its smart contract functionality allows developers to build diverse decentralized applications (dApps) on its platform, fostering innovation and expanding the Tezos ecosystem. Think of it as a blank canvas for creating the future of decentralized finance and beyond. A Community-Driven Future: Tezos empowers its community through its innovative governance model. XTZ holders have a say in shaping the platform's future by voting on proposals and amendments. This fosters a sense of ownership and aligns the project's direction with the collective will of its users, ensuring it remains relevant and responsive. Tezos, with its blend of innovative features and community-centric approach, has the potential to carve a niche in the ever-evolving crypto landscape. #tezos #TrendingTopic #XTZ #XTZ/USDT #dyor $XTZ @EliteDaily Follow for regular insight. If you found this article insightful, share and comment, we'd like to hear from you.
Tez: The Swiss Army Knife of Crypto, Ready to Bake Its Way to the Top?

The crypto space is a battlefield where projects vie for dominance, each wielding unique strengths. Tezos (XTZ), with its on-chain governance and energy-efficient staking, positions itself as a Swiss Army Knife in this competitive landscape. But can it overcome past stumbles and bake its way to the top?

Upgrade Without Drama: Unlike other blockchains prone to disruptive forks, Tezos boasts a unique self-amending mechanism. This "baking" system allows XTZ holders to vote on upgrades, ensuring smooth evolution without the chaos of hard forks. It's like a well-oiled machine, constantly improving without throwing a wrench in the works.

Staking for Sustainability: Tezos embraces the energy-efficient Proof-of-Stake consensus mechanism. Instead of the resource-intensive mining prevalent in other blockchains, Tezos uses "bakers" who stake their XTZ to validate transactions. This not only secures the network but also rewards users for their participation, making it a win-win for everyone.

Beyond Just Transactions: Tezos aspires to be more than just a payment system. Its smart contract functionality allows developers to build diverse decentralized applications (dApps) on its platform, fostering innovation and expanding the Tezos ecosystem. Think of it as a blank canvas for creating the future of decentralized finance and beyond.

A Community-Driven Future: Tezos empowers its community through its innovative governance model. XTZ holders have a say in shaping the platform's future by voting on proposals and amendments. This fosters a sense of ownership and aligns the project's direction with the collective will of its users, ensuring it remains relevant and responsive.

Tezos, with its blend of innovative features and community-centric approach, has the potential to carve a niche in the ever-evolving crypto landscape.

#tezos #TrendingTopic #XTZ #XTZ/USDT #dyor $XTZ @EliteDailySignals

Follow for regular insight. If you found this article insightful, share and comment, we'd like to hear from you.
Manchester United Launches Fantasy United on the Tezos Blockchain. 🎴🎮⚽ Manchester United has entered the web3 gaming world with "Fantasy United," a fantasy football game on the Tezos blockchain. Fans can collect Player Trading Cards (NFTs) of first-team players, whose values change based on real-time stats. These cards can be bought in packs or traded on the Tezos marketplace. Fantasy United allows fans to create five-player squads and compete in mini-leagues, starting from the Premier League opener. This innovative approach deepens fan engagement, adding a new layer to following matches. This move builds on Manchester United's partnership with Tezos and their previous NFT collection "The Devils." The club aims to enhance fan experiences through interactive and evolving content related to team performance. #FantasyUnited #ManUtdNFTs #TezosGaming #FantasyFootball #tezos
Manchester United Launches Fantasy United on the Tezos Blockchain. 🎴🎮⚽

Manchester United has entered the web3 gaming world with "Fantasy United," a fantasy football game on the Tezos blockchain. Fans can collect Player Trading Cards (NFTs) of first-team players, whose values change based on real-time stats. These cards can be bought in packs or traded on the Tezos marketplace.

Fantasy United allows fans to create five-player squads and compete in mini-leagues, starting from the Premier League opener. This innovative approach deepens fan engagement, adding a new layer to following matches.

This move builds on Manchester United's partnership with Tezos and their previous NFT collection "The Devils." The club aims to enhance fan experiences through interactive and evolving content related to team performance.

#FantasyUnited #ManUtdNFTs #TezosGaming #FantasyFootball #tezos
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