Key takeaways
- Tezos price prediction suggests a recovery to $0.82 by the end of 2024.
- XTZ could reach a maximum price of $2.89 by the end of 2027.
- By 2030, XTZ’s price may surge to $4.70.
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. However, collaborations and innovations are growing on the Tezos network bringing it in close competition to other smart contract platforms like Ethereum and Solana.
Following the November 5 U.S. elections and the emergence of ex-president Donald Trump, crypto markets have responded positively, with Bitcoin prices moving closer to the $100k mark. Tezos also responded in the same manner, hitting a high of $0.77.
As the current market sentiments are largely bullish, 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 soon?”
Let’s get into Tezos price prediction and technical analysis.
Overview
| Cryptocurrency | Tezos |
| Ticker | XTZ |
| Current price | $0.7091 |
| Market cap | $717,683,512.42 |
| Trading volume | $62,622,410.43 |
| Circulating supply | 1,012,118,129.67 XTZ |
| All-time high | $9.18 on October 04, 2021 |
| All-time low | $0.3146 on December 7, 2018 |
| 24-hour low | $0.6971 |
| 24-hour high | $0.7704 |
Tezos price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $0.744 (-0.35%) |
| Volatility (30-day Variation) | 4.91% |
| 50-day SMA | $0.6737 |
| 14-Day RSI | 67.82 |
| Sentiment | Neutral |
| Fear & Greed Index | 69 (Greed) |
| Green days | 15/30 (50%) |
| 200-day SMA | $0.7895 |
Tezos price analysis: Will XTZ/USD recapture $0.75 soon?
TL; DR Breakdown
- XTZ/USD support is present at $0.696.
- XTZ could fall to $0.579 if bearish pressure continues.
- Immediate resistance for XTZ/USD is present at $0.7536.
XTZ price analysis for November 12 confirms that the market is slightly bearish after significant gains over the past few candle sticks. XTZ has seen a massive 44% rise in trading volume over the past 24 hours, indicating surging speculative trading. Additionally, it’s up by 17% over the past 7 days and down by 0.47% today. The current price action could result in a further price drop.
Tezos price analysis 1-day chart: XTZ/USD could succumb to bear pressure, retesting $0.696
The XTZ/USD 1-day price chart shows a reversal from a bullish trend after the coin hit resistance at $0.7704. XTZ has had a bullish past few days as with other cryptocurrencies and might be due for a correction as traders take their gains.
A continuation of the current pressure by the bears could see XTZ retest immediate support at $0.696 and even establish lower prices – a pattern we’ve seen before that resulted in a low of $0.579.
The RSI indicator is at 59.84, suggesting that the market is not volatile in the meantime, implying the possibility of a breakout to the upside or otherwise. If Tezos (XTZ) manages to push past its immediate resistance, we might see the coin make a push for the $0.8 level.
Tezos price analysis 4-hour chart: XTZ to recover amid bearish indications?
The 4-hour XTZ price analysis shows a potential pullback after touching the upper Bollinger Band. The price is currently trading below the middle band, with the MACD showing bearish momentum from a recent crossover.
The Chaikin Money Flow (CMF) at 0.18 suggests buying pressure, but if it drops, it may indicate weakening support. Together, the short-term indicators suggest that XTZ might consolidate or pull back further if it fails to break past $0.7160.
Tezos technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 0.7082 | BUY |
| SMA 5 | 0.6952 | BUY |
| SMA 10 | 0.6479 | BUY |
| SMA 21 | 0.6585 | BUY |
| SMA 50 | 0.6737 | BUY |
| SMA 100 | 0.6699 | BUY |
| SMA 200 | 0.7895 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 0.6644 | BUY |
| EMA 5 | 0.6694 | BUY |
| EMA 10 | 0.6747 | BUY |
| EMA 21 | 0.6772 | BUY |
| EMA 50 | 0.6804 | BUY |
| EMA 100 | 0.7112 | SELL |
| EMA 200 | 0.7838 | SELL |
What to expect from XTZ price analysis next?
XTZ is facing a bearish reversal. Maintaining support at key levels could help stabilize prices, but a drop may trigger further declines. Indicators suggest potential consolidation or a downward break if no bullish reversal emerges. For short traders, the $0.696 level may present a good sell-off opportunity, while long traders might prefer to wait for a clear pullback signal before re-entering the market.
Is Tezos a good long term 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.
Why is Tezos down?
Tezos (XTZ) is down likely due to a post-election correction after hitting resistance at $0.7704. This resistance prompted profit-taking as traders cashed in on recent gains. Further consolidation might be needed before another move up.
Will Tezos recover?
Yes, Tezos is likely to recover by the end of this year. Expert forecasts suggest that we can see XTZ hitting $1 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.
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 ongoing. It also fits into the larger narrative of decentralized finance, and decentralized applications.
Recent News/updates on Tezos
- Tezos announces partnership with Oobit for Tap & Pay integration to facilitate everyday purchases with tez at Visa or Mastercard terminals globally.
- Tezos sees explosive growth in Q3 2024; network activity surges by 46%.
Tezos price prediction November 2024
If the bulls back XTZ, the token could break out reaching a peak of $0.82 while maintaining an average trading price of $0.70 in November 2024. A bearish outlook for the market could see Tezos drop to $0.65.
| Tezos price prediction | Minimum price ($) | Average price ($) | Maximum price ($) |
| XTZ price prediction November 2024 | 0.65 | 0.70 | 0.82 |
Tezos price prediction 2024
Experts believe the overall outlook for Tezos (XTZ) is positive for the remainder of 2024. Investors can expect a minimum market price of $0.722, an average price of $0.903, and a maximum price of $1.08.
| Tezos price prediction | Minimum price ($) | Average price ($) | Maximum price ($) |
| Tezos price prediction 2024 | 0.722 | 0.903 | 1.08 |
Tezos price prediction 2025-2030
| Year | Minimum price ($) | Average price ($) | Maximum price ($) |
| 2025 | 1.32 | 1.51 | 1.69 |
| 2026 | 1.93 | 2.11 | 2.29 |
| 2027 | 2.53 | 2.71 | 2.89 |
| 2028 | 3.13 | 3.31 | 3.49 |
| 2029 | 3.73 | 3.91 | 4.09 |
| 2030 | 4.33 | 4.52 | 4.70 |
Tezos (XTZ) price prediction 2025
The XTZ price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $1.69. Based on expert analysis, investors can expect an average price of $1.51 and a minimum price of about $1.32.
Tezos price forecast 2026
According to the XTZ price forecast for 2026, Tezos is anticipated to trade at a minimum price of $1.93, a maximum price of $2.29, with an average price of $2.11.
Tezos price prediction 2027
The XTZ price prediction for 2027 indicates a continued rise with minimum and maximum prices of $2.53 and $2.89, respectively, as well as an average price of $2.71.
Tezos price prediction 2028
Tezos’s price is expected to reach a minimum of $3.13 in 2028. The maximum expected XTZ price is $3.49, with an average price of $3.31.
Tezos price prediction 2029
The XTZ price prediction for 2029 estimates a minimum price of $3.73, a maximum price of $4.09, and an average price of $3.91.
Tezos price prediction 2030
The Tezos price prediction for 2030 suggests a minimum price of $4.33 and an average price of $4.52. The maximum Tezos price is set at $4.70.
Tezos market price prediction: Analysts’ XTZ price forecast
| Firm | 2024 | 2025 |
| Changelly | $0.687 | $1.23 |
| DigitalCoinPrice | $1.32 | $1.56 |
| CoinCodex | $0.679 | $1.649 |
Cryptopolitan’s Tezos (XTZ) price prediction
Tezos is expected to reach $1 by the end of 2024 and forecasts up to 2030 give a positive outlook about XTZ breaking above the $4 mark. For that to happen, market conditions must become bullish along with an increase in Tezos’ adoption.
Tezos historic price sentiment
- 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’s price peaked during the bullish cycle of 2021 when it reached above $9.0.
- After 4th April 2022, XTZ’s price plummeted below $4.0 and by the 9th of 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 hit a peak price of $0.7173, and in November, the coin is currently trading between $0.6971 and $0.7704.
