Here's where Tezos [XTZ] landed after the Kathmandu upgrade went live

Proof-of-Stake (PoS)-based blockchain, Tezos XTZ, upgraded a protocol on its mainnet. The upgrade, called Kathmandu, was first proposed to the Tezos community in July, and was the eleventh time there has been an upgrade.

Timeline of Tezos

Tezos prices have been erratic over the previous few months, with bears predominating and a decline of 8.87% over the last week. Currently trading at $1.45 Tezos had a significant drop in the midst of June, reaching the support level of $1.19, before recovering.

This October HEC Paris and Tezos will collaborate for the first time to host a WEB 3.0 HACKATHON. During a full weekend, HEC will put together teams of students from Top Tier Tech and Business universities in Europe, blockchain enthusiasts, and professionals of the WEB 3.

Amid a sideways rally, the Tezos Price has squeezed into a narrow range stretched from $1.68 to $1.42. The altcoin has been wobbling in this range since last month, testing the overhead resistance twice and the bottom support thrice.

Today marks a bullish day for Tezos price analysis since the entire crypto market is currently on an upwards rally after the significant dip yesterday.   However, the crypto heat map shows us that the rally is not significant even though the market is showing slight signs of recovery.

Popular cryptocurrency analyst and expert trader Michaël van de Poppe has said that Tezos ($XTZ) a decentralized computing platform that supports smart contracts, is “ready for big breakouts,” pointing to a technical pattern on the cryptocurrency's chart.

Tezos price analysis is bullish, with the XTZ/USD pair rising to the $1.69 level. The price action recently created a bullish engulfing candlestick pattern, which indicates that the bears are losing control.

Recent Tezos price analysis indicates that the digital asset has gained over 7.71 percent in the last 24 hours and currently trading at $1.66.The XTZ/USD pair is facing strong resistance near the $1.75 level, which is preventing the bulls from pushing the price higher. Tezos opened the daily trading session at $1.

The Tezos price restarts the uptrend with a double bottom reversal from the $1.39 mark resulting in a 20% jump exceeding $1.50 to touch the neckline at $1.66. Furthermore, the triple white soldier pattern in the daily chart shows a promising recovery in Tezos market value that will continue in the coming week.

Tezos recovers from a bad fall, as the freezing of its assets by Binance, may have put both Tezos and its native currency XTZ in jeopardy. Thankfully, XTZ price is now showing a positive trend.

Tezos price analysis shows a bearish trend as the coin indicates has been consolidating below the $1 level over the past few days as the overall cryptocurrency market remains in a bearish state. Tezos price analysis shows that support for XTZ prices is present at around the $1.