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Price Analysis

Tezos Price Analysis: Will Tezos Continue With The Same Momentum?

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Tezos has seen several steep rise and fall within a span of 5 days, i.e., since 12th June till the date. Today at around 6:10 UTC, it reached a high of 1.35749053 USD within the said time frame. The trend over the past few days has been bearish. However, coin has picked up the momentum now, and it is expected to maintain a bullish trend with the same momentum.

Let us look at how the coin has performed in the said 5 days span: –

Current Statistics of Tezos coin:

Tezos Price Chart - 17 June

  • XTZ is currently ranked at19th position in the crypto market.
  • Today the market cap of the coin was 870,944,681 USD.
  • Price of the coin today as per 9:12 UTC is 1.3372 USD
  • The 24-hour volume is 5,780,411
  • The circulating supply of the coinis 658,820,006
  • Tezos fetches a Return on Investment of 180.71%

Tezos Price Comparison:

  • For better understanding, let us look at the price comparison from 12th June until today.
  • On 12-June-19, as per 13:15 UTC time, the price of the coin was $ 1.22521715
  • As compared to the prices on 12-June-19, the price of the coin currently shows a bullish trend in the price with an increase of 9%.

Tezos Price Prediction:

The price of the coin may reach up to $2 to $3 by the end of this year.

Conclusion:

Experts anticipate that despite several changes in the price of the coin, it may be more or less stable in the coming weeks. Definitely this is a good time to purchase the coin and retain the same until the first quarter of 2020 for better returns and dividends.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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