Price Analysis

Tezos Price Analysis: XTZ Price Is Declining Down Steeply

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The condition of the crypto market sphere has ushered no hopeful information yet rather, and intense volatility is ravishing the prices of the altcoins. Altcoin like Tezos will tend to fall easily than to rise up. The condition is not expected to improve until the volatility is reduced to a great extent.

Current Statistics of Tezos:

  • Price in USD: 1.12 USD
  • Price in BTC: 0.00011025 BTC
  • Circulating supply: 660,373,612 XTZ
  • Market cap: 747,151,361 USD
  • 30-Day High / low: 1.73 USD / 0.9833 USD

1-Day XTZ/USD Price Chart:

XTZ Price Prediction
XTZ Price Chart by TradingView

XTZ to USD Price Comparison & Future Forecast:

Tezos has great propensity to decline down at any time. Even yesterday, although it was traded above the baseline most of the time intermittently, it fell below the baseline today. Its momentum is also unstable, and this is the reason why there are no effective support levels to give a good push to the price of the XTZ coin. Yesterday, Tezos price was trading at 1.219177 USD, and today it has dropped to 1.116280 USD. Within only a day, Tezos price has fallen by 7.43%.

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XTZ’s liquidity is currently very high. It is succumbed to fall easily than to rise. So, investors should wait for the right time to invest in it. Current investment on the same can incur significant losses to the investors.

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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