Tezos (XTZ) Rallies Against Market; $1 Price Possible?

Cryptovest

Published Mar 22, 2019 07:46AM ET

Updated Mar 22, 2019 09:03AM ET

Tezos (XTZ) Rallies Against Market; $1 Price Possible?

Tezos (XTZ) moved against the markets this Friday, extending the recovery to at least compensate its ICO price, if not repeat peak prices. As of 8:00 UTC, XTZ traded around $0.78, rising more than 15% in the past day, while leading coins were reversing the gains. XTZ market prices reached peaks at around $0.82 late on Thursday, before drawing back slightly, and volumes have picked up again.

The weekly gain for XTZ is also phenomenal after the long stagnation - more than 75%. For now, there are no dramatic messages to explain the price rise, but XTZ enjoys a heightened activity on the Kraken exchange and a liquidity boost. With the current price spike, a price of $1 is seen as more probable.

XTZ prices at the ICO were between $0.33 and $0.45 depending on bonuses. The ...

This article appeared first on Cryptovest

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