Key takeaways
- Tezos price prediction suggests a recovery to $1.80 by the end of 2024.
- XTZ could reach a maximum price of $6.01 by the end of 2027.
- By 2030, XTZ’s price may surge to $18.90.
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 of investor trust.
Eventually, the overall market’s effects plummeted the coin’s price, and it has failed to recover to the same mark since then. However, collaborations and innovations are growing on the Tezos network, bringing it into close competition with 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 above the $100k mark. Tezos also responded similarly, hitting a high of $1.85.
As the current market sentiments are largely bullish, many crypto enthusiasts are asking questions like, “Can the 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 | $1.43 |
Market cap | $1,438,984,350.61 |
Trading volume | $180,482,416.52 |
Circulating supply | 1,019,238,752.5 XTZ |
All-time high | $9.18 on October 04, 2021 |
All-time low | $0.3146 on December 7, 2018 |
24-hour low | $1.35 |
24-hour high | $1.46 |
Tezos price prediction: Technical analysis
Metric | Value |
Price Prediction | $1.821 (27.87%) |
Volatility (30-day Variation) | 11.56% |
50-day SMA | $1.187 |
14-Day RSI | 52.65 |
Sentiment | Bullish |
Fear & Greed Index | 73 (Greed) |
Green days | 15/30 (50%) |
200-day SMA | $0.834 |
Tezos price analysis: XTZ shows signs of uptrend
TL; DR Breakdown
- XTZ has seen a 1.28% decline in the last 24 hours.
- XTZ support is $1.33, and resistance is $1.47.
- The broader trend remains bullish despite recent declines.
On December 25, Tezos (XTZ) is trading at $1.416. Resistance stands at $1.477, while support is at $1.335. Holding above the key support level is crucial to prevent a deeper pullback toward $1.193. Despite recent consolidation, XTZ remains in a recovery phase and could target higher levels if buyers sustain momentum, with a potential upside beyond the $1.50 mark.
Tezos price analysis 1-day chart: XTZ remains above the SMA at $1.331
The 1-day chart for XTZ indicates slight bearish pressure, with the price currently down 1.28%. The token remains above the SMA at $1.331, suggesting that the broader trend remains bullish despite recent declines.
The RSI is at 52.69, indicating neutral conditions but showing a slight downward trajectory, hinting at waning momentum. Also, the MACD is slightly above the signal line, but the negative histogram reflects mild bearish momentum. Key support lies near $1.33; failure to hold this level could push XTZ toward lower support levels. On the upside, resistance is seen near $1.50, and a break above this could reinvigorate the bullish momentum.
Tezos price analysis 4-hour chart: XTZ is approaching the upper Bollinger Band at $1.477
The 4-hour chart for XTZ shows mild bullish momentum. XTZ is approaching the upper Bollinger Band at $1.477, signalling potential resistance. The lower Bollinger Band at $1.193 represents the next significant support zone.
The Balance of Power (BoP) at 0.97 indicates strong bullish control, suggesting buyers actively drive higher prices. However, the proximity to the upper Bollinger Band may limit the immediate upside unless there is significant buying volume. If XTZ breaks above $1.477, it could target higher resistance levels near $1.50. On the downside, a failure to maintain momentum could result in a pullback toward the basis level at $1.335 or further to $1.193.
Tezos technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value ($) | Action |
SMA 3 | $1.413 | BUY |
SMA 5 | $1.361 | BUY |
SMA 10 | $1.387 | BUY |
SMA 21 | $1.490 | SELL |
SMA 50 | $ 1.187 | BUY |
SMA 100 | $ 0.931 | BUY |
SMA 200 | $ 0.834 | BUY |
Daily exponential moving average (EMA)
Period | Value ($) | Action |
EMA 3 | $1.366 | BUY |
EMA 5 | $1.397 | BUY |
EMA 10 | $ 1.441 | SELL |
EMA 21 | $ 1.427 | SELL |
EMA 50 | $ 1.236 | BUY |
EMA 100 | $ 1.046 | BUY |
EMA 200 | $ 0.941 | BUY |
What to expect from XTZ price analysis next?
XTZ is trading at $1.416, with resistance at $1.477 and support at $1.335. A breakout above $1.477 could target $1.50, while failure may lead to a pullback to $1.335 or $1.193. Traders should watch out for consolidation or a potential breakout soon.
Is Tezos a good long term investment?
Tezos could be a good investment as it is currently on a dip, and the prospects look good. Once the bull market returns to full swing, Tezos’ price will likely soar upwards. The platform is quite developed and supports 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 up?
Tezos (XTZ) is up due to recent network upgrades, increased adoption in gaming and NFTs, and attractive staking rewards, which have boosted investor confidence and market activity.
Will Tezos recover?
Yes, Tezos is likely to recover by the end of this year. Expert forecasts suggest that XTZ will hit $2 by then.
Will Tezos reach $10?
Yes, Tezos can reach $10. Its all-time high was $9.18; significant bullish momentum will be required to recapture 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 expert analysis, Tezos may not reach $50 by 2030. To reach that point, a huge market cap will be required. However, mass adoption and integration with new systems could make this possible.
Does Tezos have a good long-term future?
Tezos seems to have a good long-term future because the platform regularly brings updates, and development is ongoing. It also fits into the larger narrative of decentralized finance and decentralized applications.
Recent news/updates on Tezos
- RedKitePad integrates with Tezos to provide support for gaming projects
- Tokenized Uranium goes live on the Tezos Blockchain
Tezos price prediction December 2024
If the bulls back XTZ, the token could break out, reaching a peak of $2.23 while maintaining an average trading price of $1.75 in December 2024. Traders can expect a minimum price of $1.59.
Tezos price prediction | Minimum price ($) | Average price ($) | Maximum price ($) |
XTZ price prediction December 2024 | 1.59 | 1.75 | 2.23 |
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 $1.58, an average price of $1.75, and a maximum price of $1.80.
Tezos price prediction | Minimum price ($) | Average price ($) | Maximum price ($) |
Tezos price prediction 2024 | 1.58 | 1.75 | 1.80 |
Tezos price prediction 2025-2030
Year | Minimum price ($) | Average price ($) | Maximum price ($) |
2025 | $2.44 | $2.51 | $2.99 |
2026 | $3.44 | $3.54 | $4.21 |
2027 | $4.97 | $5.15 | $6.01 |
2028 | $7.37 | $7.63 | $8.70 |
2029 | $10.92 | $11.30 | $12.65 |
2030 | $16.13 | $16.58 | $18.90 |
XTZ Price Prediction for 2025
The XTZ price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $2.99. Based on expert analysis, investors can expect an average price of $2.51 and a minimum price of about $2.44.
Tezos Price Forecast for 2026
According to the XTZ price forecast for 2026, Tezos is anticipated to trade at a minimum price of $3.44, a maximum price of $4.21, with an average price of $3.54.
Tezos Price Prediction for 2027
The XTZ price prediction for 2027 indicates a continued rise, with minimum and maximum prices of $4.97 and $6.01, respectively, and an average price of $5.15.
Tezos Price Prediction for 2028
Tezos’s price is expected to reach a minimum of $7.37 in 2028. The maximum expected XTZ price is $8.70, with an average price of $7.63.
Tezos Price Prediction for 2029
The XTZ price prediction for 2029 estimates a minimum price of $10.92, a maximum price of $12.65, and an average price of $11.30.
Tezos Price Prediction for 2030
The Tezos price prediction for 2030 suggests a minimum price of $16.13 and an average price of $16.58. The maximum Tezos price is set at $18.90.
Tezos market price prediction: Analysts’ XTZ price forecast
Firm | 2024 | 2025 |
Changelly | $1.72 | $1.69 |
DigitalCoinPrice | $3.58 | $4.23 |
CoinCodex | $1.704 | $3.85 |
Cryptopolitan’s Tezos (XTZ) price prediction
Tezos is expected to reach $1.8 by the end of 2024, and forecasts up to 2030 give a positive outlook for XTZ to break above the $10 mark. For that to happen, future price movements and an increase in Tezos’ adoption must be bullish.
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, reaching above $9.0.
- After 4 April 2022, XTZ’s price plummeted below $4.0; by 9 May, it 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.
- Thus far in 2024, 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; in November, the coin hit a peak price of $1.856. In December, XTZ is trading within the $1.35 – $1.46 price range.