Tezos

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It may well seem that no brand wants to be left behind by the non-fungible token (NFT) bandwagon, not even fashion giant Gap. According to a Wednesday announcement by the clothing brand, it is collaborating with InterPop to launch its first NFT collection on the Tezos blockchain.
Gap Launches NFT collection
The San Francisco-based retailer said in the announcement, that it would be offering customers a gamified digital experience. However, customers may not start purchasing its limited-edition hoodies until January 13 when sales will go live.
According to the announcement, the firm has teamed up with renowned Frank Ape artist, Brandon Sines to design the NFT collection which will be built on the Tezos.
Meanwhile, interested customers may purchase the pieces for about 2 XTZ each (around $8.68 at press time), via the Gap NFT website up until January 15. But according to a press release by the firm, there will be more Gap NFT drops all through the month of January.

Taking It Up A Notch
Interestingly, the brand is set to give its customers a more digital experience by simply gamifying it. This would be achieved by allowing participating users to collect the Gap hoodie NFTs which have been scattered randomly at different levels. Meanwhile, users are not only able to collect digital art by Brandon Sines, but they can also collect the physical Gap x Frank Ape by Sines hoodie.
While talking about the new development, Gap’s chief product officer, Chris Goble says:
“Gap has always been at the intersection of music, art and culture, so we are excited about this growth opportunity in the digital space with artists like Brandon Sines”
Fashion Brands And Gamified NFTs Might Soon Be Inseparable
Gap’s foray into the world of NFTs does not exactly come as a surprise though.
Recall that the luxury fashion brand Burberry also launched its NFT collection in collaboration with Mythical Games back in August 2021.
Italian fashion outfit Dolce & Gabbana soon followed in Burberry’s footsteps too, teaming up with Polygon-based luxury marketplace UNXD to launch its own NFT collection. That collection would later earn D & G nearly $5.65 million.
From all indications, Gap appears to be doing the most it can to appeal to the younger generation. Recently, the brand also signed a deal with rapper Kanye West to launch the “Yeezy Gap” clothing line.
The post Fashion Bigwig “Gap” Launches First NFT Collection on Tezos appeared first on CoinGape.


It may well seem that no brand wants to be left behind by the non-fungible token (NFT) bandwagon, not even fashion giant Gap. According to a Wednesday announcement by the clothing brand, it is collaborating with InterPop to launch its first NFT collection on the Tezos blockchain. Gap Launches NFT...

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Fashion Bigwig “Gap” Launches First NFT Collection on Tezos

For the past month, the Tezos coin price has been moving in a consolidating rally. This sideways march revealed a symmetrical pattern in the daily time frame chart. The coin price is preparing to escape this pattern with a bullish breakout, suggesting a new rally.
Key technical points:

The XTZ bulls are trying to reclaim the 200-EMA
The intraday trading volume in the Tezos coin is $199.7 Million, indicating a 243.5% hike.

Source- Tradingview
Previously when we covered an article on Tezos, the coin managed to sustain a $4.5 breakout, preparing to initiate a new rally. However, the price couldn’t hold above the 200-EMA($5.1), resulting in another minor pullback.
Anyhow, an upcoming support trendline prevents the price from dropping to $3.8 bottom support and instead reveals an excellent trading opportunity for crypto traders in the form of the symmetrical triangle pattern.
The XTZ price at press time is trading at the $5 mark, with an intraday gain of 4.27%. This daily bullish candle is trying to breach the 200-EMA line, providing an excellent edge for the long traders.
The daily Relative Strength Index (62) hops above the neutral zone(0.00), indicating a bullish sentiment for the Tezos coin.
The Support Trendline Carries The Bullish Sentiment For XTZ Investors.
Source- Tradingview
As for now, the XTZ coin is trying to give a bullish breakout from the resistance trendline of the pattern and 200-day EMA simultaneously. However, to confirm a genuine breakout, the crypto traders should wait for a daily candle to close above these resistance levels.
However, in case the price couldn’t sustain this breakout, the long traders can still maintain a bullish sentiment until the price obtains sufficient support from the rising trendline.
The traditional pivot levels indicate the nearest resistance for Tezos coin price at the $5.1 resistance at $5.65, followed by $0.6. As for the opposite end, the support levels are $4.66 and $4.1.
The post Tezos Price Analysis: Symmetrical Triangle Pattern Could Lead 20% Growth In XTZ Coin appeared first on CoinGape.


For the past month, the Tezos coin price has been moving in a consolidating rally. This sideways march revealed a symmetrical pattern in the daily time frame chart. The coin price is preparing to escape this pattern with a bullish breakout, suggesting a new rally. Key technical points: The XTZ bu...

Tezos Price Analysis: Symmetrical Triangle Pattern Could Lead 20% Growth In XTZ Coin

The Tezos price maintains a short-term downtrend in its technical chart. This pair plummeted to the $3.85 support, bringing a 58% discount in its value. Furthermore, the price obtained sufficient demand pressure from below, followed by reversal signs from price action and indicators.
Tezos Key technical points:

The XTZ coin shows a death crossover of the 50-and-200-day EMA
The daily RSI chart crossed above the neutral zone(50)
The intraday trading volume in the Tezos coin is $272.5 Million, indicating a 53.2% gain.

Source- Tradingview
Previously when we covered an article on Tezos, the coin was trying to bounce back from the $3.8 support. However, the price could never breach the nearest resistance of $4.54, and after experiencing strong rejection from this level, it plunged back to the bottom support.
This pair resonated in this level for around two weeks before giving a proper breakout from the overhead resistance on December $23. The price sustains the retest phase the next day, and by forming a morning star candle pattern, it seems ready for an upward rally.
The crucial EMA levels(50, 100, and 200) still indicate a bearish trend for this token. Moreover, the chart has recently shown a death crossover of the 50 and 200 EMA.
The daily Relative Strength Index (62) indicates increasing bullishness in the price with its evident bullish divergence.
XTZ/USD 4-hour time frame chart
Source- Tradingview
For Tezos coin to provide a better confirmation for a new rally, it needs to reclaim the crucial resistance of $5.8. The crypto traders can now expect good support from the $4.5 level, which will bolster the price to rally towards the above resistance.
However, a minor resistance level stands between $5.8, and the price is $5.2. The crypto traders should look out for this resistance as it can offer sufficient resistance to interrupt the new rally.
The Moving average convergence divergence shows both lines moving above the neutral line, indicating a positive outlook for the token. Moreover, the chart also shows a bullish crossover of these lines, indicating a buy signal.
The post Tezos Price Analysis: Emerging XTZ Coin Rally Eyes $5.8 Mark appeared first on CoinGape.


The Tezos price maintains a short-term downtrend in its technical chart. This pair plummeted to the $3.85 support, bringing a 58% discount in its value. Furthermore, the price obtained sufficient demand pressure from below, followed by reversal signs from price action and indicators. Tezos Key te...

Tezos Price Analysis: Emerging XTZ Coin Rally Eyes $5.8 Mark

Tezos was on downfall over the past few days shortly after it rallied on December 6. However, at press time, it was trading for $4.52 post zooming up on its chart by 6.7% over the past day. Over the last few days, the prices continuously remained sandwiched between $4.52 and $3.89 price levels.
Over the last multiple weeks, Tezos attempted to breach its long-standing resistance level of $5.91, but the bulls did not manage to sustain. If bulls tend to stick around for the upcoming sessions, the local resistance mark was $4.54 and then $5.18.
Tezos: XTZ/USD Four-Hour Chart

After withstanding extreme weakness, the Relative Strength Index managed to rise above the half line into the bullish zone; however, this reading could reverse any moment considering the downtick seen on the indicator. Unless the bulls gather strong momentum, it cannot be ascertained if XTZ would continue with positive price action.
The Directional Movement Index preferred the bulls, although the reading remained quite meek at the time of writing. MACD confirmed bullishness as it registered green histograms. In the likely event of bears taking over, XTZ would fall to trade near the support line of $3.89.
MANA/USD Four-Hour Chart

The allure of metaverse tokens had diligently started to fade away. In the case of Decentraland, the token was on a downhill over the past weeks. In the last 24 hours, MANA’s price action transposed into a bullish outcome as the coin rose by 7.7%. At press time, MANA was exchanging hands at $3.30.
The bulls had tried to move past the 38.2% Fibonacci level in the past trading sessions but met with rejections afterward. For MANA to trade at its next price level of $4.11, the bulls need to propel above the aforementioned Fibonacci level.
The Directional Movement Index showed signs of revival as it barely crossed the -DI line. Even though parked into the bullish territory, the Relative Strength Index did not look promising as the indicator noted a downtick is gravitating towards the bears in the market. Awesome Oscillator projected chances of a bearish comeback as the green signal bars declined in size.
VET/USD Four-Hour Chart

VeChain’s bearish gravitation expedited right after the token formed a descending channel over the past few weeks. However, VET’s price action brought respite to traders after a 9.9% appreciation. Indicators turned bullish in sentiment as VET traded for $0.085 at press time. Immediate price resistance that VET could encounter stood at $0.100 and then at $0.115.
On the four-hour timeframe, The Relative Strength Index had struggled to see the bullish side of the midline; however, as prices recovered, the indicator shot right up. The bearish influence was fading out as buyers entered the market. The Directional Movement Index also confirmed the bullish outlook of the coin. On Balance, Volume projected a steady rise in bullish price action.
In case the coin invalidates the bullish theory, it will land on the $0.077 price level.
The post Tezos, Decentraland and Vechain Price Analysis: DeFi Coins Up More Than 6% appeared first on CoinGape.


Tezos was on downfall over the past few days shortly after it rallied on December 6. However, at press time, it was trading for $4.52 post zooming up on its chart by 6.7% over the past day. Over the last few days, the prices continuously remained sandwiched between $4.52 and $3.89 price levels. O...

Tezos, Decentraland and Vechain Price Analysis: DeFi Coins Up More Than 6%

On Wednesday, the non-fungible token (NFT) marketplace Rarible announced that the platform now supports the Tezos blockchain network. The move follows Rarible’s integration with the Flow blockchain protocol in mid-November, and the NFT marketplace now supports a total of three blockchain networks.
8th Largest NFT Marketplace Rarible Adds Tezos Support
Rarible says it has expanded its multi-chain compatibility as it now supports a total of three blockchains which include Ethereum, Flow, and now the Tezos proof-of-stake (PoS) blockchain. The strategic alliance with Tezos allows Rarible to provide users the ability to “mint low fee and energy-efficient NFTs, and support secondary sales of projects live on the Tezos ecosystem,” the company’s announcement explains.
Rarible is the eighth largest marketplace in all-time sales, according to dappradar.com statistics, with $260.45 million in sales across 88,258 traders. The NFT marketplace originally started its services leveraging the Ethereum network but in mid-November, Rarible launched support for the Flow blockchain. The team revealed intentions to create multi-chain compatibility at the end of June, after Rarible raised $14 million from investors.
Rarible’s announcement details that the “Tezos ecosystem has gained significant traction from leading brands, artists, creators, and sport franchises as the place to mint low cost and energy-efficient NFTs.” The Tezos blockchain recently made headlines when video game giant Ubisoft revealed an NFT platform built with Tezos. Ubisoft, the owner of the game franchises “Assassin’s Creed,” “Prince of Persia,” “Rabbids Invasion,” and “Just Dance,” recently released collectibles called “Digits.”

Secondary Support for Ubisoft’s Digits
Rarible details that secondary support for Ubisoft’s Digits will be added. “Through this collaboration, Rarible will immediately support secondary sales for Digits: NFTs originating from legacy video game company Ubisoft’s recently launched NFT platform on Tezos. Digits are high-quality, in-game collectibles with active utility value for players, and the first energy-efficient NFTs playable in AAA games made possible through Tezos’ PoS network,” the company explains.
Rarible’s announcement adds:
In celebration of this exciting integration, Rarible and Tezos will also launch an inaugural collection, Blazing Futures, curated by Diane Drubay. Blazing Futures is a drop featuring work from ten Tezos-based artists that will be available exclusively on Rarible starting today.
Rarible will join the NFT marketplace Hic et nunc, which also sells Tezos-based non-fungible token collectibles and is operated by the community after the founder left. Hic et nunc’s sales have declined since the recent transition but the marketplace still managed to process $53.05 million in all-time sales among 53,711 traders. In addition to Rarible and Hic et nunc, Tezos also has the NFT markets Objkt.com and Kalamint. Just before the Tezos integration, Rarible launched a messaging application on November 29.
What do you think about Rarible adding Tezos support? Let us know what you think about this subject in the comments section below.



























On Wednesday, the non-fungible token (NFT) marketplace Rarible announced that the platform now supports the Tezos blockchain network. The move follows Rarible&#x2019;s integration with the Flow blockchain protocol in mid-November, and the NFT marketplace now supports a total of three blockchain n...

Tezos price	$3.96
Low - High 24H	$3.84 - $4.01
Market cap	$3.46B
Volume 24H	$96.41M
All time high	$9.12 -56.59% October 4th 2021
All time low	$0.350476 1028.99% December 7th 2018
Genesis date	N/A

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