Here are some key highlights based on the Tezos price prediction discussed in this article:
- The current tezos crypto price is $0.659684.
- The current tezos prediction indicates that its value will increase by 2.06% and reach $0.6737 by October 11, 2024.
- Our analysis indicates that the market sentiment is Neutral for Tezos.
- The Tezos coin has had 17/30 (57%) green days and 4.43% volatility.
Tezos Coin Overview
The below table gives a complete overview of all the elements related to the Tezos coin.
| Overview | |
| Cryptocurrency | Tezos |
| Token | XTZ |
| Price | $0.659684 |
| Price Change (24h) | 5.15% |
| Price Change (7d) | 7.57% |
| Market Cap $ | $696,160,058 |
| Trading Volume | $14,476,164 |
| Circulating Supply | 1,001,470,479 XTZ |
| All-Time High | $9.18 |
| All-time Low | $0.3146 |
| Volatility | 10.60% |
| Sentiment | Neutral |
| Fear-Greed Index | 54 (Neutral) |
| Green Days | 17/30 (57%) |
Tezos Price Trends: A Technical Breakdown
With a declining trend over the last five months, the Tezos market cap has dropped to $637 million from the 52-week high of $1.52 billion. Using technical indicators and price action analysis of the correction phase, a calculated forecast of the Tezos price movements ahead is possible.
Based on the Fibonacci retracement levels and the pivot point standards, critical levels in the XTZ price chart are visible. Meanwhile, the declining trend puts the critical Exponential moving averages (20, 50, 100, 200) in a bearish alignment.
Currently, the XTZ token price takes support over the $0.59 mark with a new lower low formation. The Fibonacci levels put $0.83 as the next resistance at the 23.60% level. Further, the pivot points reveal the next two support levels at $0.5531 and $0.4452, with the overhead resistances at $0.6572 and $0.7651.
During the downfall, key volume spikes supported the major pullbacks on March 16th, April 13th, and June 7th. Since then, the trading volumes have declined in intensity as the declining XTZ rate prepares to bottom out. Hence, with the rising broader market recovery anticipations, Tezos could find a short-term recovery in the near future price movements this year.
Tezos Price Prediction: 2024-2030
| Price Prediction: 2024-2030 | |||
| Year | Yearly Low | Average Price | Yearly High |
| 2024 | $0.6653 | $0.6814 | $0.6975 |
| 2025 | $0.6195 | $1.0345 | $1.4494 |
| 2026 | $0.5388 | $1.0735 | $1.6083 |
| 2027 | $0.4395 | $0.5040 | $0.5685 |
| 2028 | $0.4068 | $0.4890 | $0.5712 |
| 2029 | $0.3598 | $0.9017 | $1.4437 |
| 2030 | $0.2543 | $0.9527 | $1.6511 |
Tezos Price Prediction 2024
Despite the short-term recovery run anticipations, the Tezos price prediction for 2024 holds a bearish flag based on the technical analysis. With a potential high formation of $0.6975, the bears will eventually control the Tezos price trend.
Hence, in 2024, the minimum price of Tezos tokens will be around $0.6653, with an average price of $0.6814.
Tezos Price Prediction 2025
With a bearish trend continuation in 2025, the Tezos price predictions forecast a crash-like event for the Tezos protocol. Creating a potential bottom at a minimum price of $0.6195, the Tezos’s price will maintain an average price of $1.0345.
On the upside, the frequent surges in the trading volume could lift the Tezos market cap and boost the price of XTZ to $1.4494.
Tezos Coin Prediction 2026
In 2026, the Tezos coin price prediction anticipates a minimum price of $0.5388 and a maximum price of $1.6083 resulting an average of $1.0735. The price predictions include the crypto market turbulence in a non-halving year. Despite the bear run, the XTZ coin could witness a minor utility influx into DeFi or dApps.
Tezos Price Forecast 2027
The Tezos prediction 2027 indicates an increase in selling pressure as the broader crypto market grows volatile. The price of Tezos in 2027 will likely range between low at $0.4395 low and high at $0.5685 causing an average of $0.5040. During the declining trend, minor surges are possible, with potential growth in smart contracts and innovative governance of the Tezos blockchain.
XTZ Price Prediction 2028
Tezos price in 2028 is likely to range within a price range of $0.020987 and $0.026371. In 2028, the Tezos network is likely to find a boost in network activity and bottom out the long coming bear run. The recovery run, potentially by year’s end, will be powered by an increased use of decentralized apps and Tezos smart contracts.
XTZ Price Forecast 2029
The price of XTZ price in 2029, based on our price predictions, will peak at a maximum of $0.110746. However, the maximum prices might not hold too long as the increased market volatility will quickly plunge the Tezos price to $0.016188. Before the decade ends, crypto analysts predict a bearish XTZ price analysis.
Tezos Price Prediction 2030
By the end of this decade, the Tezos coin’s price forecasts a steadily declining trend, with the minimum XTZ price at $0.02417. Compared to the current Tezos’s price, the bear run will limit the maximum price of XTZ to $0.095758.
Despite an extremely bearish end for 2030, the key factors deciding Tezos’s price prediction will be its adoption in decentralized finance and broader market sentiment. Further, the XTZ’s price could grow significantly if it manages to grab more collaborations and partnerships and increase support for decentralized apps.
XTZ Price Prediction 2040
By the end of the next decade, Tezos’s price prediction for 2040 anticipates a slow growth rate. With a declining user base in a competitive market, the key factors deciding the XTZ’s price will remain the same.
As the Tezos forecast for 2040 anticipates the bull run to gain momentum, the XTZ price prediction depicts it could hit a high of $0.25, with an average price of $0.17.
XTZ Crypto Price Prediction 2050
As per XTZ price predictions it will drop back to lower levels by the end of the mid-century. As the DeFi market and dApps are likely reaching saturation and demand transitioning to top players, Tezos prices could lose the $0.10 psychological mark.
In an optimistic case, with minimal surge in demand, Tezos’s price will hit a high of the $0.081 mark.
Tezos Price Prediction: Daily Prices
The daily prices of the Tezos crypto for the next 30 days is listed below.
| Date | Price | Change |
| Oct 9, 2024 | $0.6672 | 0.00% |
| Oct 10, 2024 | $0.6783 | 1.64% |
| Oct 11, 2024 | $0.6925 | 2.05% |
| Oct 12, 2024 | $0.6927 | 0.04% |
| Oct 13, 2024 | $0.7022 | 1.34% |
| Oct 14, 2024 | $0.7136 | 1.60% |
| Oct 15, 2024 | $0.7073 | -0.88% |
| Oct 16, 2024 | $0.6942 | -1.89% |
| Oct 17, 2024 | $0.6866 | -1.11% |
| Oct 18, 2024 | $0.6849 | -0.25% |
| Oct 19, 2024 | $0.6880 | 0.45% |
| Oct 20, 2024 | $0.6865 | -0.22% |
| Oct 21, 2024 | $0.6742 | -1.82% |
| Oct 22, 2024 | $0.6748 | 0.07% |
| Oct 23, 2024 | $0.6848 | 1.47% |
| Oct 24, 2024 | $0.6875 | 0.38% |
| Oct 25, 2024 | $0.6887 | 0.18% |
| Oct 26, 2024 | $0.6849 | -0.55% |
| Oct 27, 2024 | $0.6753 | -1.42% |
| Oct 28, 2024 | $0.6705 | -0.73% |
| Oct 29, 2024 | $0.6601 | -1.57% |
| Oct 30, 2024 | $0.6507 | -1.44% |
| Oct 31, 2024 | $0.6357 | -2.36% |
| Nov 1, 2024 | $0.6480 | 1.90% |
| Nov 2, 2024 | $0.6492 | 0.19% |
| Nov 3, 2024 | $0.6470 | -0.35% |
| Nov 4, 2024 | $0.6345 | -1.97% |
| Nov 5, 2024 | $0.6314 | -0.49% |
| Nov 6, 2024 | $0.6363 | 0.77% |
| Nov 7, 2024 | $0.6583 | 3.34% |
Tezos Long-Term Price Trends: Historical Overview
Following a successful launch in 2017, the XTZ price action paints a chart of high-momentum moves. With a listing price of $1.66, XTZ surged to $12 in two months, a more than 600% rise. However, the volatile price chart reveals the XTZ exchange rate quickly dropping to $0.50, a 70% decline in 2018.
With a silent 2019, XTZ price gained momentum in 2020 to peak at $9.15 in the 2021 bull run. However, the bear markets of 2022-23 kept it under $2. The current price of XTZ is $0.6328.
Expert Advice: Is Tezos A Good Investment?
Based on GOV Capital, the best possible price of XTZ by the end of 2024 will be $0.1886, a clear decline for altcoin.
On the other hand, Coincodex maintains an optimistic approach for Tezos and anticipates a yearly high of $1.230147 by this year’s 2024. Similarly, Digital Coin Price prediction forecasted the average price of Tezos could reach $4.83 by the end of 2030. Even the CCN analysts predicted the Tezos price changes to reach a pinnacle of $5.62 by 2030.
However, the historical data of quarterly returns reveal the Q1 average price return of 48.78% and Q4 of 8.55%. Hence, the end of 2024 and early 2025 could witness a surge in market capitalization and prove to be a good investment.
Investment decisions to buy XTZ are subject to market risk. Investors are urged to do their research or consult a financial expert.
How To Buy Tezos?
To buy Tezos (XTZ), investors must open an account on a crypto exchange like Binance, KuCoin, or Coinbase. Following a successful KYC application, deposit the funds using methods like P2P, Card Transfer, or Wallet Transfer. Under spot trading, search for Tezos or XTZ and select a suitable pair, XTZ/USD, XTZ/USDT, or XTZ/BTC. Post-purchase, you can secure your Tezos (XTZ) tokens by transferring them outside of the exchange in a cold wallet.
Where To Buy Tezos?
Selecting a credible platform to purchase any crypto token needs its own analysis. For investment purposes, one can purchase and keep the tokens over the exchange. However, for using XTZ over decentralized applications, it can be bought over multiple wallets like Metamask or decentralized exchanges like Uniswap.
Centralized exchanges like Binance and Coinbase can be used for ease of trading with higher commission rates than DEX.
Opportunities and Challenges for the XTZ Coin
Analysis of Tezos reveals its future depends on growing opportunities in the DeFi segment with smart contract innovation capabilities. Further, the resilience of the Tezos (XTZ) network over the years is what makes Tezos special, as it has proven profitable for many holders. Its unique on-chain governance, advanced consensus mechanism, and self-amending protocol allow for seamless upgrades without hard forks. Hence, the way Tezos works on its adaptability and long-term sustainability.
Despite this, it is worth noting that Tezos needs more real-world use cases to handle. Further, the high whale concentration fails to drive demand for the token.
In short, the opportunity for Tezos lies in the growth of the DeFi segment and its innovation for use cases. The challenges for investors are wealth concentration and lack of innovative growth or approach from the team.
Tezos Coin: Conclusion
In conclusion, the Tezos blockchain has advanced consensus protocol and a positive outlook towards DeFi, with the XTZ/USD pair expected to bounce back. However, as the decade ends, the Tezos price prediction expects the token to be in a free fall if it fails to evolve.
By 2024 end, the price of XTZ could phase out at $0.90 and decline to the bottom at $0.095758 by 2030.
Tezos (XTZ) Price Prediction FAQs
Is It Feasible To Buy Tezos in 2024?
As 2024 is expected to end on a bullish note for Tezos, it provides a feasible entry opportunity at the current Tezos price of $0.6328.
Is Tezos Dead?
With hopes of revival on the radar, Tezos is still alive. With a major shift in management and product lineups, Tezos, one of the early crypto projects, could make a comeback.
Will Tezos reach $10?
Based on the broader market Tezos Price Prediction, the XTZ price is unlikely to hit $10 this year. However, some predictions expect the altcoin to surpass $5 by 2030.
What is Tezos worth in 2025?
Based on our Tezos price prediction, the bear market for Tezos in 2025 will range between $0.04117 and $0.060691.
Can Tezos reach $100?
Multiple Tezos price forecasts are available in the market, but hardly any anticipates a bull run to $100 for XTZ.
Will Tezos increase?
In the short term, the Tezos price prediction for 2024 anticipates a surge in market price. However, a bear market awaits next year.
How many Tezos are left?
With an infinite supply of XTZ tokens, the current supply stands at 999,900,524 XTZ, with a total supply (including burned tokens) of 1,020,442,129 XTZ.
What is the future of Tezos XTZ?
By the end of 2024, the future price of Tezos (XTZ) could potentially hit a high of $0.90.
