Tezos Price Analysis: XTZ Regained Back Its Composure, Anticipate Better Returns By Tomorrow

Tezos (XTZ) has shown growth over the past few months, and currently, it was reflecting volatility. On 27th June, the price of the coin saw a sharp fall. However again it managed to gain back its momentum and reached as high as $1.08 on 28th June as per 9:30 UTC. Today again, the coin saw a fall in the price; however, at the time of writing, the coin has managed to gain back the uptrend and seems to be stable now.

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

Tezos Price Chart - 1 July
Tezos Price Chart

Current Statistics of XTZ:

  • Market Cap of the Tezos was 625,382,756 USD.
  • Price of the coin today as per 7:48 UTC is 0.95534000 USD
  • 24-hour volume is 6,337,078 USD
  • 660,481,405XTZ coins are currently in circulation.
  • ROI of the coin is more than 100% at present.

Tezos Price Analysis & Future Forecast:

If we compare the prices of the coin since 28th June and today, wherein the price was 1.08 USD, the current movement of the coin shows a price drop by around 12%. Looking at the present scenario, the price of the coin may go upwards by tomorrow. After a period of six months, the price may reach its resistance level of $1.12 if it continues with the same movement.



As per the MACD indicator, we can see that the movement will be a positive one with trends being in an upward movement. Looking at the RSI Indicator, which is above 50 and the movement of the coin shows an upward trend & slightly overbought condition, and it may reach its major resistance level of $1.17. Looking at Tezos Price Prediction and the movement, we suggest holding your existing coins right now.

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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