Tezos started the day with a downtrend but looks like it recovers from that. The market also indicates a similar trend. The day seems to end with a positive digit. The intraday traders could go for XTZ with an outlook of profit.
XTZ coin is drawing profit from the last couple of days. There is a strong indication that price rally would soon embark. Looking at yesterday’s price movement, Tezos touched a high at 1.01 USD and a low at 0.985511 USD.
Tezos Price Analysis & Predictions
Yesterday, XTZ coin opened the day at $1. The level was kept tight for almost half of the day but eventually fell. The fall was of 2.70% from $1.00501 to $0.97763. The currency immediately recovered and went back to $1.01259 by 3.58%. The day closed at $1.002056 with an intraday loss of 0.14%. Today, Tezos started with a slight drop of 0.79%. XTZ price counters switched from $1.002056 to $0.994178. The recovery took the coin back to $1.0019 and we are anticipating that it would bring a profitable closing.
Tezos is indicating some recovery after the fall and it might climb up and break all yesterday’s counters. The future of the coin holds a high prospect of improvement. The traders can go for XTZ with a viewpoint of profit. Today, the Market Cap of Tezos stands at $659,916,524. The 24-hour volume is marked as $6,933,116. The ROI is noted as 112.62%.
By the end of this year, XTZ might hover around its 30-Day high of $1.24. The price momentum of the Tezos suggests that the investors should opt for long-term investment as it would bring a massive profit to them.