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Tezos prediction as price makes slow but sure gains

  • Tezos’s blockchain-enabled voting system Electis is gaining traction

  • The native token XTZ has surged by 8% in the last one week

  • Tezos remains on a clear uptrend making higher prices attenable

Tezos XTZ/USD is not the top gainer in the last week. However, it is among those that have retained gains, with at least an 8% surge in seven days. Expectations of growth of the utility of the blockchain’s native token are triggering the surge. 

Tezos has had no significant news lately. However, optimism is growing around the blockchain’s e-voting system Electis. The encrypted and fully anonymous blockchain-enabled e-voting system has been adopted widely. Over 20,000 votes have been using the voting system since it was launched. 

Recently, on July 15, Electis announced that three bodies of the United Nations have started using the voting system. The organizations include YOUNGO, DG7 Youth Constituency, and the Women and Gender Constituency. The adoption cements Tezos as a blockchain of the future. While there are numerous use cases to be explored, these positive developments could fuel the gains.

Tezos maintains a clear uptrend above support

Source – TradingView

From the technical outlook, Tezos trades above a support zone at $1.6. The token is pushing higher from the 21-day moving average. The token is also supported by the 50-day moving average. The MACD indicator shows a strong bullish momentum building.

We expect the current bullish momentum in Tezos to be sustained. Short corrections to the support are still possible and offer buying opportunities. The token will face resistance at $2.2. If the level is successfully cleared, the next zone to watch is $2.9.

Concluding thoughts

Tezos token remains on an uptrend after reclaiming the $1.6 support. The token will rise to $2.2, where it faces major resistance. Investors should take advantage of any short-term retracements.

The post Tezos prediction as price makes slow but sure gains appeared first on CoinJournal.

Chelsea Lynnette

#Chelsea Lynnette #TheSupremeTeam Artist Name: Chelsea Lynnette Who are you? Individualistic, not conformed, diverse. There is so much beautiful music in the world that imagining being someone attached to only one form and style is a nightmare. Experiencing so many different emotions, it’s healthy to also express them as well, so, what better way to::Listen

#Chelsea Lynnette #TheSupremeTeam
Artist Name: Chelsea Lynnette

Who are you?

Individualistic, not conformed, diverse. There is so much beautiful music in the world that imagining being someone attached to only one form and style is a nightmare. Experiencing so many different emotions, it’s healthy to also express them as well, so, what better way to do that I guess is what I mean.

Where are you from?

Hi! Born and raised in SW Missouri, where the music scene is on the far right and left of us for the most part. I guess you could consider it on the spectrum of folk and country though, with Branson near by, and Dollies Stampede. We also are proud yet humble residents and neighbors of the hometowns of some of the greatest artists of all time like, (wow I feel like I just said “of”so many times okay) Garth Brooks from Tulsa Ok, like, an hour away, Sheryl Crow, Sara Evans, Gretchen Wilson, Martina McBride and CASH over in KS, Carrie Underwood and Blake Shelton of OK, as well as Reba, Toby Keith, and Vince Gill, then we have Eminem, Tech N9ne, Haystack, Spencer Lee and so many more. I know I just left so many people out. Not intentionally.

How can we follow you?

@_chelsea_lynnette

Chelsea Lynnette

https://youtube.com/channel/UCVn2rLHSgVhBCKVEk2yy20w

Song Title: Wade In The Water

Listen to Chelsea Lynnette:

Source: https://supremepr.us/

Tezos prediction as price makes slow but sure gains

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