Friday, December 2, 2022
 

Tezos (XTZ) Price Prediction: Will XTZ reach $6 in 2022?

  • Bullish XTZ price prediction ranges from $2.405 to $5.892.
  • XTZ price might also reach $6 this 2022.
  • XTZ’s bearish market price prediction for 2022 is $1.146.

Tezos is a blockchain project that was initially released in June 2018. Its native token is called Tez and denoted with XTZ.

Tezos investors are bullish on the token since it has a return on investment (ROI) of over 5.36 times in the past 4 years. The crypto bubble of 2021 led to an increase in the price of XTZ to its present all-time high (ATH) of $9.18 which was attained in October 2021. Irrespective of the recent crypto winter, XTZ investors are confident that the future of XTZ is bullish.

If you are interested in the future of Tezos (XTZ) and would want to know the price analysis and price prediction of XTZ for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Tezos (XTZ)?

Tezos (XTZ) was launched on June 30th, 2018 and its Whitepaper was written by Arthur Breitman with the anonymous name L.M. Goodman. Tezos is present in its blockchain as well as on Binance Smart Chain.

Tezos is an open-source blockchain platform that was launched to address the key barriers facing blockchain adoption for assets and applications. It is enhanced by a global community of validators, researchers, and builders which makes it Web3 proficient. Tezos blockchain has the capacity for long-term upgradability, open participation, collaboration, and smart contract safety.

The upgrade mechanism ensures that it can seamlessly level up to innovations and deliver novel capabilities. Its latest upgrade in April 2022 is called Ithaca which ensures the number of tokens that are required to be a validator is reduced and as well increases the scalability of the Tezos algorithm mechanism and finality. Other previous upgrades include Hangzhou in December 2021, Granada in August 2021, Florence in May 2021, and others.

One of the essential uses of Tezos blockchain native token Tez (XTZ) is to interact with decentralized applications (DApps), pay for fees, secure the network through staking, and provide a basic accounting unit on the Tezos platform. Tezos blockchain is one of the leading smart contracts that use the Proof of Stake (PoS) consensus mechanism. This ensures that smart contracts can be reliable, secure, and mathematically verified.

Tezos (XTX) Current Market Status

The maximum supply of Tezos (XTZ) is unknown while its circulating supply is 905,470,816 XTZ according to CoinMarketCap. At the time of writing, XTZ is trading for $1.99 which represents 24 hours increase of 10.61%. The trading volume of Tezos in the past 24 hours is $82.08 million which represents a 93% increase.

Some of the top cryptocurrencies for trading Tezos (XTZ) are Binance, Coinbase, Kucoin, Huobi Global, Gate.io, and others.

Now that you have known what XTZ is and its current market status, we shall discuss the price analysis of Tezos (XTZ) for 2022.

Tezos (XTZ) Price Analysis 2022

Currently, XTZ is ranked in the 38th position on CoinMarketCap. Will developments and upgrades within the Tezos community lead to a rising in the price of Tezos (XTZ)? We shall see this in this CoinEdition price analysis 2022 article.

Tezos (XTZ) Price Analysis- Keltner Channel

XTZ/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
XTZ/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Tezos (XTX), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of XTZ might be sustained before any reversal would be expected.

Tezos (XTZ) Price Analysis- Relative Strength Index

XTZ/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
XTZ/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Tezos (XTZ) 1day chart of XTZ/USDT is at 63.19.  This shows that XTZ is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Tezos (XTZ) Price Prediction-Moving Averages

XTZ/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
XTZ/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of XTZ 200-day and 100-day Moving Average (MA). Presently, XTZ is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can believe that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Tezos (XTZ) might experience a big rise or fall in the future.

Tezos (XTZ) Price Prediction 2022

XTZ/USDT 1Day Chart (Source: Tradingview)
XTZ/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of XTZ/USDT, XTZ price was swinging from $2.984 to $2.415 after touching the support levels of $1.654 and $1.256. It reversed from the support level of $1.654 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term XTZ price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect XTZ to reach $6 in 2022.

Tezos (XTZ) Price Prediction-Resistance and Support Levels

XTZ/USDT 1Day Chart (Source: Tradingview)
XTZ/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of XTZ has increased by 16.1% in the past 14 days. If this price increase continues, XTZ could break the $2.405 resistance1 level and move higher to $5.892 at the resistance7 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of XTZ might be dethroned from its present uptrend position. In simpler terms, XTZ might trend below the $1.146 support2 level, and even lower in 2022, a bearish signal.

Tezos (XTZ) Price Prediction 2023

Tezos (XTZ) might hit $10 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of XTZ will see rapid growth to $8. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more XTZ thereby reducing its volume in circulation. This could make the price of XTZ reach $10 shortly.

Tezos (XTZ) Price Prediction 2024

Tezos (XTZ) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $20, making it not plummet but play consistently. Additionally, this could only be possible if XTZ breaks through past psychological resistance levels.

Tezos (XTZ) Price Prediction 2025

Tezos (XTZ) prices might grow past $40 during the next three years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2026

Tezos (XTZ) prices might grow past $60 during the next four years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2027

Tezos (XTZ) prices might grow past $80 during the next five years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2028

Tezos (XTZ) prices might grow past $100 during the next six years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2029

Tezos (XTZ) prices might grow past $120 during the next seven years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2030

Tezos (XTZ) prices might grow past $140 during the next eight years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, XTZ might reach $6 in 2022 and $140 by 2030 if investors have decided that XTZ is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Tezos (XTZ)?

Tezos is an open-source blockchain platform that was launched to address the key barriers facing blockchain adoption for assets and applications. It is enhanced by a global community of validators, researchers, and builders which makes it Web3 proficient. Tezos blockchain has the capacity for long-term upgradability, open participation, collaboration, and smart contract safety.

How to buy TezosToken?

Like other cryptocurrencies, Tezos (XTZ) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, Coinbase, and others.

Will Tezos surpass its present ATH?

Tezos has a low possibility of surpassing its present all-time high (ATH) price of $9.18 in 2022.

When was Tezos (XTZ) launched?

It was launched in June 2018.

What will be the Tezos (XTZ) price by 2023?

Tezos (XTZ) price is expected to reach $10 by 2023.

What will be the Tezos (XTZ) price by 2024?

Tezos (XTZ) price is expected to reach $20 by 2024.

What will be the Tezos (XTZ) price by 2025?

Tezos (XTZ) price is expected to reach $40 by 2025.

What will be the Tezos (XTZ) price by 2026?

Tezos (XTZ) price is expected to reach $60 by 2026.

What will be the Tezos (XTZ) price by 2027?

Tezos (XTZ) price is expected to reach $80 by 2027.

What will be the Tezos (XTZ) price by 2028?

Tezos (XTZ) price is expected to reach $100 by 2028.

What will be the Tezos (XTZ) price by 2029?

Tezos (XTZ) price is expected to reach $120 by 2029.

What will be the Tezos (XTZ) price by 2030?

Tezos (XTZ) price is expected to reach $140 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

  • Bullish XTZ price prediction ranges from $2.405 to $5.892.
  • XTZ price might also reach $6 this 2022.
  • XTZ’s bearish market price prediction for 2022 is $1.146.

Tezos is a blockchain project that was initially released in June 2018. Its native token is called Tez and denoted with XTZ.

Tezos investors are bullish on the token since it has a return on investment (ROI) of over 5.36 times in the past 4 years. The crypto bubble of 2021 led to an increase in the price of XTZ to its present all-time high (ATH) of $9.18 which was attained in October 2021. Irrespective of the recent crypto winter, XTZ investors are confident that the future of XTZ is bullish.

If you are interested in the future of Tezos (XTZ) and would want to know the price analysis and price prediction of XTZ for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Tezos (XTZ)?

Tezos (XTZ) was launched on June 30th, 2018 and its Whitepaper was written by Arthur Breitman with the anonymous name L.M. Goodman. Tezos is present in its blockchain as well as on Binance Smart Chain.

Tezos is an open-source blockchain platform that was launched to address the key barriers facing blockchain adoption for assets and applications. It is enhanced by a global community of validators, researchers, and builders which makes it Web3 proficient. Tezos blockchain has the capacity for long-term upgradability, open participation, collaboration, and smart contract safety.

The upgrade mechanism ensures that it can seamlessly level up to innovations and deliver novel capabilities. Its latest upgrade in April 2022 is called Ithaca which ensures the number of tokens that are required to be a validator is reduced and as well increases the scalability of the Tezos algorithm mechanism and finality. Other previous upgrades include Hangzhou in December 2021, Granada in August 2021, Florence in May 2021, and others.

One of the essential uses of Tezos blockchain native token Tez (XTZ) is to interact with decentralized applications (DApps), pay for fees, secure the network through staking, and provide a basic accounting unit on the Tezos platform. Tezos blockchain is one of the leading smart contracts that use the Proof of Stake (PoS) consensus mechanism. This ensures that smart contracts can be reliable, secure, and mathematically verified.

Tezos (XTX) Current Market Status

The maximum supply of Tezos (XTZ) is unknown while its circulating supply is 905,470,816 XTZ according to CoinMarketCap. At the time of writing, XTZ is trading for $1.99 which represents 24 hours increase of 10.61%. The trading volume of Tezos in the past 24 hours is $82.08 million which represents a 93% increase.

Some of the top cryptocurrencies for trading Tezos (XTZ) are Binance, Coinbase, Kucoin, Huobi Global, Gate.io, and others.

Now that you have known what XTZ is and its current market status, we shall discuss the price analysis of Tezos (XTZ) for 2022.

Tezos (XTZ) Price Analysis 2022

Currently, XTZ is ranked in the 38th position on CoinMarketCap. Will developments and upgrades within the Tezos community lead to a rising in the price of Tezos (XTZ)? We shall see this in this CoinEdition price analysis 2022 article.

Tezos (XTZ) Price Analysis- Keltner Channel

XTZ/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
XTZ/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Tezos (XTX), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of XTZ might be sustained before any reversal would be expected.

Tezos (XTZ) Price Analysis- Relative Strength Index

XTZ/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
XTZ/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Tezos (XTZ) 1day chart of XTZ/USDT is at 63.19.  This shows that XTZ is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Tezos (XTZ) Price Prediction-Moving Averages

XTZ/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
XTZ/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of XTZ 200-day and 100-day Moving Average (MA). Presently, XTZ is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can believe that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Tezos (XTZ) might experience a big rise or fall in the future.

Tezos (XTZ) Price Prediction 2022

XTZ/USDT 1Day Chart (Source: Tradingview)
XTZ/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of XTZ/USDT, XTZ price was swinging from $2.984 to $2.415 after touching the support levels of $1.654 and $1.256. It reversed from the support level of $1.654 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term XTZ price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect XTZ to reach $6 in 2022.

Tezos (XTZ) Price Prediction-Resistance and Support Levels

XTZ/USDT 1Day Chart (Source: Tradingview)
XTZ/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of XTZ has increased by 16.1% in the past 14 days. If this price increase continues, XTZ could break the $2.405 resistance1 level and move higher to $5.892 at the resistance7 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of XTZ might be dethroned from its present uptrend position. In simpler terms, XTZ might trend below the $1.146 support2 level, and even lower in 2022, a bearish signal.

Tezos (XTZ) Price Prediction 2023

Tezos (XTZ) might hit $10 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of XTZ will see rapid growth to $8. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more XTZ thereby reducing its volume in circulation. This could make the price of XTZ reach $10 shortly.

Tezos (XTZ) Price Prediction 2024

Tezos (XTZ) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $20, making it not plummet but play consistently. Additionally, this could only be possible if XTZ breaks through past psychological resistance levels.

Tezos (XTZ) Price Prediction 2025

Tezos (XTZ) prices might grow past $40 during the next three years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2026

Tezos (XTZ) prices might grow past $60 during the next four years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2027

Tezos (XTZ) prices might grow past $80 during the next five years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2028

Tezos (XTZ) prices might grow past $100 during the next six years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2029

Tezos (XTZ) prices might grow past $120 during the next seven years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Tezos (XTZ) Price Prediction 2030

Tezos (XTZ) prices might grow past $140 during the next eight years. Furthermore, hitting this level might not be so tough for XTZ due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XTZ has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, XTZ might reach $6 in 2022 and $140 by 2030 if investors have decided that XTZ is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Tezos (XTZ)?

Tezos is an open-source blockchain platform that was launched to address the key barriers facing blockchain adoption for assets and applications. It is enhanced by a global community of validators, researchers, and builders which makes it Web3 proficient. Tezos blockchain has the capacity for long-term upgradability, open participation, collaboration, and smart contract safety.

How to buy TezosToken?

Like other cryptocurrencies, Tezos (XTZ) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, Coinbase, and others.

Will Tezos surpass its present ATH?

Tezos has a low possibility of surpassing its present all-time high (ATH) price of $9.18 in 2022.

When was Tezos (XTZ) launched?

It was launched in June 2018.

What will be the Tezos (XTZ) price by 2023?

Tezos (XTZ) price is expected to reach $10 by 2023.

What will be the Tezos (XTZ) price by 2024?

Tezos (XTZ) price is expected to reach $20 by 2024.

What will be the Tezos (XTZ) price by 2025?

Tezos (XTZ) price is expected to reach $40 by 2025.

What will be the Tezos (XTZ) price by 2026?

Tezos (XTZ) price is expected to reach $60 by 2026.

What will be the Tezos (XTZ) price by 2027?

Tezos (XTZ) price is expected to reach $80 by 2027.

What will be the Tezos (XTZ) price by 2028?

Tezos (XTZ) price is expected to reach $100 by 2028.

What will be the Tezos (XTZ) price by 2029?

Tezos (XTZ) price is expected to reach $120 by 2029.

What will be the Tezos (XTZ) price by 2030?

Tezos (XTZ) price is expected to reach $140 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

 

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