XTZ / Bitcoin

XTZ Analysis 08/01/19

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XTZ made the day with a strong 9% gain. Tezos is currently evolving in a bullish channel sustained by increasing volume momentum. However a word of caution as stochastic is in showing some overbought signal caused by the parabolic move over the last few days. We expect buyers to buy the dips and maintain a bullish pressure in the short-term.

Raphaël Comte
Investment Analyst at Token Metrics


Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com/pages/transparency..................... .

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