Key takeaways
Tezos price prediction suggests a recovery to $0.7105 by the end of 2024.
XTZ could reach a maximum price of $2.65 by the end of 2027.
By 2030, XTZ’s price may surge to $7.56.
Tezos started out really strong as a platform for smart contracts and decentralized apps. After being released in 2018, its price touched an all-time high of $9.12 in 2021. However, throughout this time, it faced issues like lawsuits and power struggles causing a loss in investor trust.
Eventually, under the effects of the overall market, its price plummeted, and the coin has failed to recover up to the same mark since then. Unfortunately, Tezos is still lagging in adoption as compared to other smart contract platforms like Ethereum and Solana.
Following Bitcoin’s halving event that occurred earlier in April this year, many experts are expecting Bitcoin prices to reach $100k this season. Hence, we can see some price recovery in Tezos as well in the near time, provided that Bitcoin breaks through its ATH and continues to dominate the market.
As the market’s sentiments are somewhat bullish right now, many crypto enthusiasts are asking questions like, “Can Tezos token hit $100 in the long-term?” or at least, “Will Tezos recover to its all-time high?”
Let’s get into Tezos price prediction and technical analysis.
Overview
CryptocurrencyTezosTickerXTZCurrent price$0.6723Market cap$675,767,048Trading volume$12,661,476Circulating supply1,005,123,548 XTZAll-time high$9.18 on October 04, 2021All-time low$0.3146 on December 7, 201824-hour low$0.667724-hour high$0.6862
Tezos price prediction: Technical analysis
MetricValuePrice Prediction$ 0.644973 (-5.05%)Volatility (30-day Variation)5.95%50-day SMA$ 0.67695414-Day RSI48.09SentimentBearishFear & Greed Index50 (Neutral)Green days19/30 (63%)
Tezos price analysis: XTZ displays a bullish trend as price crosses the $0.67 mark
TL; DR Breakdown
XTZ/USD support is present at $0.6677.
Immediate resistance for ZTX/USD is present at $0.6862.
Tezos price analysis is bullish today.
Tezos price analysis for October 7 confirms an upward trend for the day as the bulls are pushing the price higher. The bears were in control for most of the day, with the price dropping to a low of $0.6521. However, the bulls have since taken back control and are pushing prices higher, currently trading at $0.6738. The current trend is sustained momentum in the upward direction, with no signs of losing strength yet.
Tezos price analysis 1-day chart: Bulls get ready to climb above $0.68 level
The 1-day Tezos price analysis shows a bullish trend for the past 24 hours. The price has been rising steadily throughout the day, with no signs of slowing down yet. XTZ/USD has gained over 4.46 percent in value at the time of writing and is trading at $0.6738.
XTZ/USD bulls get ready to climb above $0.68 level
The Relative Strength Index (RSI) is currently around 48.97, is at neutral zone, meaning the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) shows a slight bullish crossover, as the blue MACD line is above the signal line, which could indicate continued upward momentum.
Tezos price analysis 4-hour chart: XTZ rebounds to $0.6738 level as the uptrend resumes
The 4-hour Tezos price chart suggests that the bulls are in control and have been for some time. The price has broken out of a descending triangle pattern, which indicates that there is strength behind the move. The price is currently trading around $0.6738, where it had plateaued before breaking out of the triangle. This could suggest that more upside movement could be expected in the near future.
XTZ rebounds to $0.6738 level as the uptrend resumes
The MACD has also crossed above the signal line, indicating that buyers have taken control of market sentiment. The Relative Strength Index (RSI) is currently at 51.89, indicating strong buying pressure.
Tezos technical indicators: Levels and action
Daily simple moving average (SMA)
PeriodValue ($)ActionSMA 30.6533BUYSMA 50.6470BUYSMA 100.6856SELLSMA 21 0.6938SELLSMA 500.6769SELLSMA 100 0.7067SELLSMA 200 0.8853SELL
Daily exponential moving average (EMA)
Period Value ($)ActionEMA 30.67816SELLEMA 5 0.67368SELLEMA 100.6697BUYEMA 210.6776SELLEMA 50 0.71690SELLEMA 1000.7875SELLEMA 2000.86733SELL
What to expect from XTZ price analysis next?
Tezos price analysis indicates that the bulls are in control and that the trend is likely to continue in the near future. The technical indicators suggest that further upside movement is possible, with no signs of a reversal yet. The bulls are firmly in control, and with strong buying pressure and bullish indicators pointing to further upside movement, it looks like XTZ/USD could be headed even higher in the near future.
Is Tezos a good investment?
Yes, Tezos could be a good investment as it is currently on a dip, and the prospects look good. Once the bull market returns in full swing, Tezos’ price will likely soar upwards. The platform itself is quite developed, supporting DeFi solutions, decentralized applications, and NFTs. However, as always, you should always do your own research because crypto can be extremely volatile.
Will Tezos recover?
Yes, Tezos is likely to recover by the end of this year. Expert forecasts suggest that we can see XTZ hitting $0.7 by the end of this year.
Will Tezos reach $10?
Yes, Tezos can reach $10. Its all-time high was at $9.18, and significant bullish momentum will be required to break through this level. At that point, we will see old investors cutting their losses and new investors taking profits aggressively.
Will Tezos reach $50?
Based on our price forecast, Tezos may not reach $50 by 2030. To get to that point, it will require a huge market cap. It is certainly possible if mass adoption happens and Tezos gets integrated with new systems. To get there, Tezos will have to compete with the already established players in the space such as Ethereum and Solana that have similar offerings.
Does Tezos have a good long-term future?
Yes, Tezos seems to have a good long-term future due to the fact that the platform regularly brings updates and development is still on-going. It also fits into the larger narrative of decentralized finance, and decentralized applications.
Recent News/updates on Tezos
According to SportQuake, the rise in crypto sponsorship deals with EPL teams reflects the industry’s effort to rebuild its reputation after past bankruptcies left investors with losses. Over the past five years, the value of these sponsorships surged from £13.8 million in the 2020/21 season to £129.7 million in 2024/25, with a notable spike in 2022/23, reaching £43 million before dipping to £101.5 million in 2023/24. Leading crypto firms like Kraken, OKX, and Tezos (which sponsors Manchester United) are stepping in as gambling sponsorships phase out. While crypto companies are eager for these deals, EPL teams remain cautious, requiring upfront payments and including exit clauses for reputational risks.
Tezos price prediction October 2024
If the bulls back XTZ, the token could break out reaching a peak of $0.67, while maintaining an average trading price of $0.86 in October 2024. A bearish outlook for the market could see Tezos drop to $1.01.
Tezos price predictionMinimum price ($)Average price ($)Maximum price ($)XTZ price prediction October 20240.670.861.01
Tezos price prediction 2024
Experts believe the overall outlook for Tezos (XTZ) is positive for Q3 and Q4 of 2024. Investors can expect a minimum market price of $0.7105, an average price of $0.7436 and a maximum price of $0.7706 by the end of the year.
Tezos price predictionMinimum price ($)Average price ($)Maximum price ($)Tezos price prediction 20240.71050.74360.7706
Tezos price prediction 2025-2030
YearMinimum price ($)Average price ($)Maximum price ($)2025$1.06$1.10$1.272026$1.50$1.55$1.822027$2.13$2.19$2.652028$3.08$3.19$3.632029$4.29$4.45$5.212030$6.29$6.47$7.56
Tezos (XTZ) price prediction 2025
The XTZ price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $1.27. Based on expert analysis, investors can expect an average price of $1.10 and a minimum price of about $1.06.
Tezos price forecast 2026
According to the XTZ price forecast for 2026, Tezos is anticipated to trade at a minimum price of $1.50, a maximum price of $1.82, with an average price of $1.55.
Tezos price prediction 2027
The XTZ price prediction for 2027 indicates a continued rise with minimum and maximum prices of $2.13 and $2.65, respectively, as well as an average price of $2.19.
Tezos price prediction 2028
Tezos’s price is expected to reach a minimum of $3.08 in 2028. The maximum expected XTZ price is $3.63, with an average price of $3.19.
Tezos price prediction 2029
The XTZ price prediction for 2029 estimates a minimum price of $4.29, a maximum price of $5.21, and an average price of $4.45.
Tezos price prediction 2030
The Tezos price prediction for 2030 suggests a minimum price of $6.29 and an average price of $6.47. The maximum forecasted Tezos price is set at $7.56.
Tezos market price prediction: Analysts’ XTZ price forecast
Firm20242025Changelly$0.667$1.02DigitalCoinPrice$1.41$1.66CoinCodex$0.77$1.70
Cryptopolitan’s Tezos (XTZ) price prediction
Tezos is expected to reach $1 by the end of 2024 while forecasts up to 2030 give a positive outlook about its price breaking the $6 mark. However, the future price of Tezos is based on its potential to recover to its all-time high at $7.56. For that to happen, market conditions must become bullish along with an increase in Tezos’ adoption.
Tezos historic price sentiment
Tezos price history ⏐ Source: Coinmarketcap
Tezos mainnet went live in September 2018, and immediately gained popularity for dealing with the environmental impact of blockchain technologies at that time with its PoS model.
XTZ price peaked during the bullish cycle of 2021, when it reached above $9.0.
After 4th April, 2022, XTZ price plummeted below $4.0 and by the 9th May, its price had sharply fallen below the $2 mark.
At the start of December 2022, XTZ was valued at about $1, but it closed the year at $0.73. XTZ managed an average price of $0.8 in 2023.
In 2024 thus far, Tezos (XTZ) has seen a largely bearish trend. It started around $1.4 in April, declined to $0.541 by August, and is trading between $0.6747 and $0.7015 in September.
In October, Tezos is currently trading between a range of $0.5-$0.7.
This articles is written by : Fady Askharoun Samy Askharoun
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