Price Analysis

Tezos (XTZ) Maintains the Value Above $1.2 With Intraday Price Fluctuations

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  • Tezos gains 0.39% in the last 24 hours and remained above 1.2 USD throughout the day
  • It showed enormous volatility in the intraday market yesterday

The overall bullish market seems to have not affected Tezos. Over the last 24 hours, the coin could do some significant shifts, but the final gain is a meager 0.39%. It has witnessed three major price variations in the last 24 hours.

Tezos Price Prediction

XTZ coin was being traded at 1.2302 USD at the opening of the day, and it faced its first major price variation by 02:13 UTC when it added 4.14% to touch 1.2811 USD. It was followed by a fall of 4.95% that cost it 0.0634 USD and pushed the Tezos price to 1.2174 USD by 15:50 UTC. The last price swing happened between 15:50 & 01:15 UTC today, and in these 9 hours and 25 minutes, the currency gained 2.57% and pushed itself to 1.2487 USD.

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Tezos
XTZ Price Chart By TradingView

There has been a significant decline in the market cap of Tezos over the last 24 hours. The market cap has been down to 821.343 million USD from 822.065 million USD in one day.

XTZ’s 200 days MA is now at 1.2406 USD and the 50 days MA stands at 1.2372 USD. The current price at 1.2350 USD is 0.17% and 0.45% less than the 50 days and 200 days moving averages, respectively. Tezos has the room to grow with a higher trajectory over the coming few days.

Tezos (XTZ) Resistance & Support Levels
1st Resistance $1.27
2nd Resistance $1.3
3rd Resistance $1.32
1st Support $1.22
2nd Support $1.2
3rd Support $1.17

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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