While Tezos Price Explodes, These Lesser-Known Altcoins Might 10x

cryptonews.com:

Tezos (XTZ) exploded yesterday with a sudden 20.20% pump.

This followed breakout news that Google Cloud has teamed up with Tezos Foundation to create web3 applications.

The partnership will enable all Google Cloud customers to become Tezos "bakers," or network validators. Tezos sees this as a way to onboard more institutions into the space.

Tezos is an open-source proof-of-stake blockchain that has over 2.3 million funded accounts. The impressive project has seen major partnerships with Manchester United and McLaren.

Google Cloud will also become a XTZ baker and join existing bakers such as Ubisoft.

The new partnership will enable companies and developers to leverage Tezos blockchain technology alongside Google Cloud’s infrastructure.

Google Cloud will also offer mentorship to startups in the Web3 sector. Alongside an infrastructure cost reduction programme.

This comes as part of a new strategy at Google Cloud. Which plans to continue partnering with "key players in the web3 ecosystem" to drive development.

Tezos markets exploded yesterday on the back of the bullish announcement.

A sudden pump saw prices soar 20.20% - hitting $1.25.

The jaw-dropping rally smashed local resistance levels that have supressed an XTZ rally for most of February.

Now trading at $1.396 - a 24 hour move of -2.85%.

Tezos is in a small localised retracement, as XTZ bulls seek to form support at these freshly reclaimed heights.

The big candle saw the RSI overheat, although it has now cooled down to a calmer albeit still overbought 68.4.

This contrasts with the MACD which remains bullish as it reflects the seismic move up.

Upside targets are within touching distance, bulls are seeking a clean break above $1.5. A move to touch the upper trendline of this channel