{"id":415237,"date":"2020-02-19T17:00:52","date_gmt":"2020-02-19T17:00:52","guid":{"rendered":"https:\/\/uniquehot.com\/?p=415237"},"modified":"2020-02-19T16:53:07","modified_gmt":"2020-02-19T16:53:07","slug":"tezos-to-the-moon-how-the-unstoppable-cryptocurrency-rally-could-double","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/tezos-to-the-moon-how-the-unstoppable-cryptocurrency-rally-could-double\/","title":{"rendered":"Tezos to the Moon: How The Unstoppable Cryptocurrency Rally Could Double"},"content":{"rendered":"

The cryptocurrency known as Tezos<\/a> is among the year\u2019s best performing altcoin assets, rising more than 200% year-to-date.<\/span><\/p>\n

And while the surging crypto asset is showing no signs of stopping, it could go on to double from here, according to a prominent crypto analyst and short-term \u201cparabola.\u201d<\/span><\/p>\n

Tezos Is Top Performing Altcoin Asset of 2020 Bull Market<\/h2>\n

Tezos<\/a> is a clear cryptocurrency industry standout.<\/span><\/p>\n

The altcoin recently exploded into the top ten crypto assets by market cap, after an early 2020 rally smashed all expectations and then some.<\/span><\/p>\n

Related Reading | Top Trader: Tezos Cryptocurrency Can Surge 5-10x After 100% Rally in 2 Weeks\u00a0<\/a><\/strong><\/em><\/p>\n

Since the start of the year, Tezos is up an insane 200%.<\/span><\/p>\n

\"tezos<\/p>\n

From the asset\u2019s late 2019 downtrend \u201cbottom,\u201d Tezos has quadrupled in value, with a sky-high, over 420% return.<\/span><\/p>\n

And from the asset\u2019s bear market bottom, it has grown in value by a staggering 1,125% in a little over a year\u2019s time.<\/span><\/p>\n

Analysts have been warning late-to-the-game investors from FOMOing into an asset<\/a> that has already risen so much, but Tezos has continued to rally, leaving cautious traders filled with regret.<\/span><\/p>\n

Doubling Cryptocurrency Prices Send Investors into XTZ<\/h2>\n

That regret will only grow if Tezos<\/a> does as one analyst believes and extends its \u201cparabola\u201d to as much as $6.30 per XTZ token.<\/span><\/p>\n

The current high is set at $3.70, so reaching such a target would mean that Tezos price doubles from current levels.<\/span><\/p>\n

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$XTZ<\/a> short term parabola. Extension to ~ $6.3 is expected to happen…. If you study the ETH\/USD chart you'll find the patterns. After that, correction to $3.7 – $4 for re-accumulation before #moon<\/a> pic.twitter.com\/mOdOTbtBsc<\/a><\/p>\n

— Don Tomasso (@Tomaseetoo) February 19, 2020<\/a><\/p><\/blockquote>\n