- Based on key support and resistance levels, XTZ could fluctuate between $0.66 to $2.48 in 2024.
- In the near term after 2025, XTZ could reach above $3 per token if market sentiments stay bullish.
- Key factors like rate of adoption and platform updates and new features can push its price above the all-time high of $9.14 by 2030.
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 behind 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 provide a thorough answer to these questions based on our Tezos price prediction.
Overview
| Cryptocurrency | Tezos |
| Token | XTZ |
| Price | $0.96 |
| Market Cap | $941,422,924 |
| Trading Volume | $19,887,175 |
| Circulating Supply | 980,689,230 XTZ |
| All-time High | $9.14 |
| All-time Low | $0.60 |
| 24-hour High | $0.9787 |
| 24-hour Low | $0.9546 |
Tezos Price Prediction: Technical Analysis
| Metric | Value |
| Price Prediction | $1.0193 (4.81% increase) |
| Volatility | 11.85% |
| 50-Day SMA | 0.966 |
| 14-Day RSI | 44.86 |
| Sentiment | Slightly bullish |
| Fear & Greed Index | 67 (Greed) |
| Green Days | 17/30 |
| 200-Day SMA | 0.9656 |
Tezos price analysis: Bears are pulling XTZ lower and trying to break below the $0.87 support line
TL; DR Breakdown
- XTZ/USD is facing a lot of pressure from the bulls as it forms a descending triangle on both 1-hour and 4-hour charts.
- Tezos is likely to break lower than the $0.87 support line in the next few days.
- This is not a good time to buy XTZ as a spot investment. Futures traders may want to look for shorting opportunities.
XTZ price analysis on 13th May, 2024 is confirming that the bears are going very strong, as they form lower lows on the daily charge. Hence, XTZ might be gearing to break lower than the $0.87 support line.
XTZ price analysis 1-day chart: Tezos price seems to be going downhill as bears take control
The Tezos 1-day price chart has shown us a consistent bearish pattern over the last month, indicating that the bulls don’t have much control right now. It will take a lot of bullish power for XTZ to break above this pattern. Instead, it is much more likely for it to plummet lower than the $0.87 support line, which Tezos has held since January, 2024.
At the same time, its RSI levels are currently at 36 and strongly headed downwards below 30. So, we can say the market is fairly oversold right now, which isn’t uncommon in patterns like these due to increasing fear among the investors.
It is likely that XTZ will retest this bearish pattern a few more times before finally breaking lower than the support line. Overall, everything about its 1-day chart gives us a very bearish outlook.
XTZ/USD 4-hour price chart: Tezos once again gears to retest $0.87 support
The 4-hour Tezos chart also gives us the same bearish pattern. It’s a descending triangle with lower lows being formed, indicating that the demand is weakening overtime. In such scenarios, the coin is eventually going to break lower than the support line until massive bullish pressure comes in, which isn’t likely in this case.
If it does break lower in the next few does, we can expect it to consolidate sideways between $0.86 and $0.65 for a while before the market decides to take a turn for the better or worse.
Tezos Technical Indicators: Levels and Action
Daily Simply Moving Average (SMA)
| Period | Value | Action |
| SMA 3 | $0.946 | SELL |
| SMA 5 | $0.957 | SELL |
| SMA 10 | $0.954 | SELL |
| SMA 21 | $0.987 | SELL |
| SMA 50 | $1.140 | SELL |
| SMA 100 | $1.165 | SELL |
| SMA 200 | $1.034 | BUY |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
| EMA 3 | $0.942 | SELL |
| EMA 5 | $0.948 | SELL |
| EMA 10 | $0.961 | SELL |
| EMA 21 | $1.00 | SELL |
| EMA 50 | $1.08 | SELL |
| EMA 100 | $1.10 | SELL |
| EMA 200 | 1.058 | BUY |
What to expect from XTZ price analysis next?
At the moment, Tezos 1-hour price chart gives us sideways consolidation between $1.11 and $0.88, however, the overall market is bearish right now and there isn’t much happening in the Tezos community that could spark the bulls.
If no positive news comes out in the next few days, then XTZ market is bound to succumb to the bulls and break lower than $0.87 to find new support and resistance levels.
Recent News
- Tezos has announced its annual flagship conference in Brussels, Belgium, on July 11th, 2024.
- On 3rd May, 2024, Tezos announced the integration of MintyCode Dao with Tezos.
Tezos Price Prediction May 2024
It is not likely that we’ll see any significant upward momentum in Tezos in May. This is due to the fact that the market has been fluctuating between $1.10 and $0.874 over the last month, and there’s a lot of resistance at the $1.10 mark.
XTZ may retest this level again in the next few days, but it is not likely to break through yet because the bearish pressure is strong. Tezos will need a significant push from the bulls to break above this level. Throughout this month, it is expected to consolidate between $1.10 and $0.874.
| Tezos Price Prediction | Potential Low | Potential Average | Potential High |
| Tezos Price Prediction May 2024 | $0.88 | 0.98 | $1.05 |
Tezos Price Prediction 2024
Experts expect the overall cryptocurrency market to become bullish in the near future. While this also depends on the world’s economic state and other factors like clashes between countries, the overall outlook is positive for Q3 and Q4 of 2024. Bitcoin’s surge after halving and the increasing popularity of ETFs are the main reasons driving the market.
Should that occur, Tezos will undoubtedly benefit. We can expect it to recover above its current resistance levels by the end of 2024, so its price can very well test $3.0 and even break above.
| Tezos Price Prediction | Potential Low | Potential Average | Potential High |
| Tezos Price Prediction 2024 | $1.15 | $2.56 | $3.15 |
Tezos Price Predictions 2025-2030
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $2.34 | $3.60 | $4.70 |
| 2026 | $3.44 | $4.10 | $5.50 |
| 2027 | $4.32 | $5.44 | $6.10 |
| 2028 | $4.12 | $5.42 | $6.23 |
| 2029 | $7.27 | $7.90 | $8.40 |
| 2030 | $7.50 | $8.50 | $9.20 |
Tezos Price Prediction 2025
At the start of 2025, we can expect the bull market to be in full swing, as it would mark more than six months since Bitcoin’s halving. The crypto market indicates that Tezos can reach an average price of $3.60 due to the recovery in investor interest and the possible stabilization of inflation at 2%.
Tezos Price Prediction 2026
In 2026, the growth will be relatively slower, although the market will still have bullish sentiments. Due to the slowdown, we will likely see increased selling pressure with a higher fear index. Higher Tezos adoption may result in prices well above $5. Otherwise, we can expect them to stabilize at the $3.44 mark.
Tezos Price Prediction 2027
If we look at the previous chart of Tezos, and assume that it will follow the usual trends in market cycles, then the XTZ price could recover and stabilize somewhere between $5.44 and $6.10, but that will require improved trust in the Tezos platform.
Tezos Price Prediction 2028
In 2028, Tezos can be expected to continue its rally upwards, with the average price reaching the $6.23 mark or above. However, it can continue trading at an average price of $5.42 throughout the year.
Tezos Price Forecast 2029
Based on the current projections, XTZ may be valued at a minimum price of $7.27 and peak as high as $8.40, assuming that the market continues to follow the same bullish/bearish cycles as the last few years, with an average price of $7.90 throughout 2029.
Tezos (XTZ) Price Prediction 2030
If Tezos undergoes important developments and gains more users, its price in 2030 could reach as high as $9.20, matching its previous record. If that happens, the price can even break above $10. However, the price so far down the road depends on the platform’s utility and adoption.
Tezos Market Price Prediction: Analysts’ XTZ Price Forecast
| Firm Name | 2024 | 2025 |
| Gov.Capital | $0.90 | $1.036 |
| DigitalCoinPrice | $1.93 | $2.46 |
| Changelly | $1.06 | $1.62 |
- According to CoinCodex, Tezos may mark a yearly high of $1.77 in 2025, with its price reaching $2.00 in 2026.
Cryptopolitan’s Tezos (XTZ) Price Prediction
At Cryptopolitan, we are slightly bullish on the future price of Tezos based on its potential to recover to its all-time high above $9, provided that market conditions remain bullish and Tezos adoption increases.
Hence, its future potential predominantly depends on its buying demand and an improvement in investor sentiment.
We expect Tezos to potentially recover to $3.15 by the end of this year.
Tezos Historic Price Sentiment
- Tezos’s mainnet went live in September 2018 and immediately gained popularity for its PoS model, which dealt with the environmental impact of blockchain technologies at the time.
- XTZ price peaked during the bullish cycle of 2021, reaching above $9.0.
- After 4 April 2022, the XTZ price plummeted below $4.0; by 9 May, it had sharply fallen below the $2 mark.
- By 25th December 2022, XTZ was valued at $0.8, significantly
- From there it consolidated between $0.6 and $1.4 until the 9th March 2024.
- At around $1.5, Tezos faced significant resistance and bounced back down to consolidate between $0.8 and $0.1 as of May 12, 2024.
- The overall sentiment of Tezos has been bearish over the last couple of years after booming in 2021.
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