Tezos was priced at $0.88684 on October 31, 2019, post which there was a drop in the price. On the same day, the XTZ coin managed to rise upwards and shows a growth of 6.05%. Since the beginning of this month, it has started to decline gradually. Tezos was being traded at the lowest trading price of $0.84987 on November 3, 2019. Though it has managed to raise upwards today, the movement indicates that the prices are likely to fall soon.
Tezos Price Analysis
XTZ coin indicates an uptrend as compared to the price drop of November 3, 2019, by 6.25%. However, as per the current trend, the price of Tezos may fall marginally soon and may face the next support at $0.86855.
As per the past performance and historical data, we suggest purchasing new coins and retain the same from a long-term perspective. XTZ can be traded today within the price of $0.87 and $0.91. The coin has seen many rises and falls over the past few days and has not been able to maintain its efficiency at any level. Hence, if being traded from the long-term, it can yield considerable returns.
Resistance & Support Levels
R1: $0.911086, R2: $0.93037 and R3: $0.953613
S1: $0.868559, S2: $0.845316 and S3: $0826032