Tezos XTZ Records Slight Gains in the Last 24 Hours
Tezos XTZ has seen a 0.2% price gain in the past 24 hours, with its trading price at $0.796. Its 7-day profits also stand at 0.2%. However, the asset is showing signs of a sideways trend.
Tezos Trading Rules and Rollups Could Improve Adoption
- Attacks on four trading pools on Curve Finance resulted in losses between $1.6 million and $14.2 million.
- Tezos co-founder Arthur Breitman suggests that trading rules on platforms like Curve Finance make them vulnerable to attacks.
- Tezos’ rules for trading limit other rules from functioning during a transaction, reducing the risk of attacks.
- Adding rollups to Tezos could attract more users to the ecosystem and potentially boost XTZ’s price.
Fx (Hash) Dominates Tezos Headlines
- Fx (hash) is an open generative art platform that announced a $5 million funding round.
- The platform has created a vibrant community with 30,000 art projects and 40,000 unique collectors.
- Fx (hash) is likely behind the slight gains in XTZ’s price in the last 7 days.
XTZ Price Analysis
- XTZ/USD shows a sideways trend on the daily chart, indicating indecision among traders.
- The $0.800 support level could act as a pivot point to send XTZ’s price above the $0.841 resistance level.
- XTZ is trading below its 50-day and 200-day Simple Moving Averages (SMA), suggesting bearish sentiment.
- The Relative Strength Index (RSI) is in the neutral zone, indicating potential price stagnation.
- The Moving Average Convergence/Divergence (MACD) is below its signal line, expressing a short-term bearish sentiment.
yPredict Is The Answer To Market Volatility
- yPredict offers traders practical solutions to trade effectively and make a profit using Artificial Intelligence (AI).
- The platform provides AI signals and sentimental analysis to simplify trading.
- Developers can market their predictive models on the yPredict marketplace.
- YPRED tokens are required to access these features and participate in the decentralized governance model.
YPRED Presale
- The YPRED token has a maximum supply of 100 million tokens, with 80 million available in the presale.
- The presale has already raised over $3.44 million, showing increasing investor interest.
- Investors can purchase YPRED tokens with ETH, BNB, MATIC, or bank cards.
- The price of 1 YPRED token is currently $0.1, with subsequent price increases planned.
Hot Take: Tezos XTZ has experienced slight gains in the past 24 hours and 7 days. Trading rules and the addition of rollups could improve adoption and potentially boost XTZ’s price. Fx (Hash) is dominating headlines in the Tezos ecosystem and may be contributing to the recent price gains. However, XTZ’s price analysis suggests a choppy market and potential price volatility. yPredict offers traders solutions to navigate market volatility using AI, and their presale for YPRED tokens is seeing significant interest. Overall, Tezos and its associated projects are experiencing positive developments and potential for growth.
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