Breakout update: Tezos (today) vs. Ethereum (2017)
After Ethereum broke through it's initial trading range, price increased by 160% in 5 days. It then fell 45% the next day, but quickly rose back and resumed the bull. In less than 2 months, ETH rose from $22 to $100.
Tezos had a similar, albeit less dramatic rise, after breaking it's trading range - climbing 93% over a 7 day period. It's currently down around 25% from it's high yesterday.
Will be interesting to see how this comparison plays out over the medium term.
Tezos had a similar, albeit less dramatic rise, after breaking it's trading range - climbing 93% over a 7 day period. It's currently down around 25% from it's high yesterday.
Will be interesting to see how this comparison plays out over the medium term.
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