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Price Analysis

Tezos (XTZ) Keeps the Uptrend Intact; How Long will this Upsurge Last?

The crypto market has always managed to take the investors by surprise. In the last two month of the ongoing quarter, Tezos (XTZ) was seen dealing with the bear, but the current month has brought a beam of hope for the traders. In the intraday chart, XTZ is seen making a slight improvement. It is speculated that recovery will catch the substantial speed in the coming days. The prospect of growth is very high, to understand it more precisely, let’s have a look at the price chart.

The Tezos price chart as on September 13, 2019, at 11:26:05 UTC for analysis from TradingView.

Tezos Price
Tezos Chart By TradingView

Yesterday, XTZ coin started the day with an escalation as the price jumped from $1 to $1.02 by 1.24%. Tezos felt a pullback in price and immediately fell to $0.99 by 2.83%. The recovery in the price helped Tezos to move up to $1.02 by 3.30%. It closed the day at $1.01 with an escalation of 0.98%. Today, it has opened at $1.01 and booked a fall of 2.21% and took it to $0.99.

Tezos Price Prediction and Conclusion:

The market had suffered a lot in the third quarter, but it is anticipated that the last quarter will bring enormous change in the market. The much-awaited price rally is all set to enter in the same period. The traders interested in Tezos are recommended to go for long term investment. The coin is likely to give good results to the traders in the given time frame.

It is speculated that Tezos (XTZ) would touch $1.35 by the end of 2019. The coming years are likely to take the coin up by 4% to 5%.

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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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