Tezos BlockDesk Report: $XTZ Volatile

Brief:


Tezos continues high volatility posting a large gain overnight. Tezos is up 40.24% in 24 hours, down -42.20% on the week and down -55.11% on the month on a last price of $2.37. The Tezos marketcap is $1,439,749,027 with a circulating supply of 607,489,041 $XTZ. $XTZ/USDT is trading between a 24hr high of $2.51 and a 24hr low of $1.80 on a 24hr Gate volume of $6,421,380. This trading volume is heavy. The weekly price trend is mixed.

#19 Rank

Tezos is ranked #19 today by cryptocurrency market capitalization.

Last price

2.37 $XTZ/USDT

$USD

last price $ 2.37
one week ago $ 4.10

Price change

Price change is the $XTZ percentage change within the period:

period change
day 40.24%
week -42.20%
month -55.11%

Volume

Volume

$XTZ 24 hour volume
USDT $6,421,380
all $XTZ currencies $10,731,400

The 24 hour volume for $XTZ/USDT on Gate is $6,421,380. This volume weight is heavy when compared with Gate daily trading levels for $XTZ over the last month.

The total 24 hour volume for all reporting $XTZ markets is $10,731,400.

Market Share

The Gate currency pair $XTZ/USDT is 59.84% of all $XTZ traded in twenty-four hours. Gate.io leads the market with its USDT pair.

$XTZ Pairs
Tap/click for detail:

Remarks

Tezos continues high volatility posting a large gain overnight. Tezos is up 40.24% in 24 hours, down -42.20% on the week and down -55.11% on the month on a last price of $2.37. The Tezos marketcap is $1,439,749,027 with a circulating supply of 607,489,041 $XTZ. $XTZ/USDT is trading between a 24hr high of $2.51 and a 24hr low of $1.80 on a 24hr Gate volume of $6,421,380. This trading volume is heavy. The weekly price trend is mixed.

Falling so far from the July 01 2018 high of $4.39 leaves a lot of room for recovery. We’re seeing some bounce back as the market corrects.

With bitcoin up 2.79% to a weekly high of $6,800 (Gate.io USDT) this could create more temporary upwards momentum.

All Time $XTZ Chart

$XTZ One Day Candles

Sunday July 08 2018 Bitcoin Background

Altcoins such as Tezos ($XTZ) may show a relationship with Bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
2.79% price $6,807.94
vol $3,599,340,000
mktcap $116,677,369,094
17.14M #XBT 19:26
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

A Week Ago

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

Tezos continues high volatility posting a large gain overnight. Tezos is up 40.24% in 24 hours, down -42.20% on the week and down -55.11% on the month on a last price of $2.37.
Tezos continues high volatility posting a large gain overnight. Tezos is up 40.24% in 24 hours, down -42.20% on the week and down -55.11% on the month on a last price of $2.37.

Data sources

Main Data Source

Gate is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Gate.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com

Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Tezos market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 1,439,749,027
Circulating supply 607,489,041
Last price $ 2.37

Daily High Low

daily high 2.51 USDT
daily low 1.80 USDT

Trend

The weekly trend is mixed.

trend is MIXED

Trend is "mixed" when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 2.51 USDT
week 4.85 USDT

Support

Support is the lowest price within the period:

period support
day 1.80 USDT
week 1.08 USDT

Market sentiment

$XTZ market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Tezos continues high volatility posting a large gain overnight. Tezos is up 40.24% in 24 hours, down -42.20% on the week and down -55.11% on the month on a last price of $2.37. The Tezos marketcap is $1,439,749,027 with a circulating supply of 607,489,041 $XTZ. $XTZ/USDT saw weekly resistance at $4.85 USDT and weekly support at $1.08 USDT. Market sentiment is neutral. The weekly price trend is mixed in daily heavy volume trading.

Cryptocurrency Storage Safety

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Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was authored by KittyBitcoin and published on BlockDesk on Sunday July 08 2018 18:35 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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