Tezos Price Analysis: XTZ Getting a Recovery Phase, Next Resistance Level To Watch Out for Will be $1.27.

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Tezos (XTZ) has managed to show a bullish trend from yesterday. XTZ price has touched as high as $1.24 on 22-June-19 at 13:50 UTC. However, since 26-June-19 during the latter part of the day, the coin’s prices started to decline and continued to show a downward trend. But since yesterday, the coin has regained back its position and is clinching towards a positive trend.

 Let us look at how the Tezos coin has performed: –

Tezos Price Chart - 28 June
Tezos Price Chart

Current Statistics of XTZ Coin:

  • As per 9:50 UTC today, the market cap of the coin was 707,570,932 USD.
  • Price of the coin today as per 10:00 UTC is 1.08 USD
  • 24-hour volume figures are $8,674,529.
  • 660,663,129 XTZ coins are currently in circulation.
  • The coin’s ROI is more than 125%.

Tezos Price Prediction:

Looking at the prices of the coin since 26-Jun-19 when the price of the coin was 1.17, the present movement of the coin reflects a bearish trend of 7%. The price of the coin may touch $1.11 by tomorrow, and after a period of one year, it may roam around $1.3 – $1.5.

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As per the Chaikin money indicator also projects that the uptrend will continue for XTZ. As per the price movement noticed, the next resistance levels of R1, R2 and R3 will be seen at $1.10, $1.19 and $1.27 respectively.

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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