It’s true that Tezos was a great disappointment for investors in 2019. XTZ price went down from $0.483399 on January 1st 2019 to $1.336 on December 31 2019. However, it is worth monitoring our Tezos price prediction algorithm: Tezos might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, XTZ might be the coin to watch closely now.
The current Tezos price is $1.50, its circulating supply is 694 191 974 XTZ. Our algorithm predicts that based on historical data Tezos price will be at $1.67 in 1 week and $2.08 in 1 month. Our deep learning algorithm predicts the XTZ price will be at $2.78 in 6 months. Analysis of the cryptocurrency market shows that Tezos price may reach $4.86 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that XTZ will stay around $4.38 in 2020, $4.86 in 2021, $5.13 in 2022, $5.88 in 2023 and $6.54 in 2024.
While creating the Tezos prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $2.78 and lowest possible predicted price is $2.10.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Tezos has the potential to stay within "survivors" team. Our Tezos short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Tezos Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Tezos forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Tezos (XTZ)?
The current price of Tezos is $1.50.
What is the current market capitalization of Tezos (XTZ)?
The current market capitalization of Tezos is $1 038 468 531.
What will be the price of Tezos (XTZ) Tomorrow?
Our algorithm forecasts that the price of Tezos will reach $1.55 tomorrow.
In 1 year from now what will 1 Tezos be worth?
As per the forecast and algorithmic analysis, the the price of 1 Tezos will be around $4.38.
Is it profitable to invest in Tezos (XTZ)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Tezos (XTZ) as a short term investment. Tezos can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Tezos be growing in the Future?
Tezos is potentially one of the most profitable among digital coins.
How high can the Price of Tezos go?
Our algorithm forecasts that the price of Tezos will reach $6.54 by 2023.
Is Tezos (XTZ) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Tezos now.
After almost a month of consolidation, Tezos is finally on the move again, gaining 4% in a day. Sure, that's almost nothing compared to the craziness of 2018, when we saw 15+% trips to the upside in a matter of hours. However, we should get accustomed to the fact that the volatility of cryptocurrencies, including Tezos, should decrease over time. Obviously, that is good for holders but not so much so for speculators. Nevertheless, Tezos is a solid altcoin and I intend to hold it for a while, or until it reaches the $2 benchmark.
Tezzies are great to stake, but buying at these prices is crazy. We already saw a huge dump, and more to come according to the charts. There’s no real reason to hold XTZ unless you’re staking, and even at that, the rewards are minimal. I’m not trying to FUD the project, but it seems unlikely that XTZ will see another bull market from its unused platform. There isn’t anyone who actually uses it for anything, whether it be companies or individuals. If anyone can point me to a company that’s building their platform on top of Tezos then please enlighten me. Until then, I stand by the fact that XTZ has no intrinsic value.
Tezzies just can’t help but to keep mooning. This coin is just a pump on top of a pump. Last week I swore not to buy it and this week its already up 34%! The charts are showing that it should correct, but the news tells a different story. I think Tezos still has a long way to go because their partnerships are really starting to roll out. Great job Tezzie community. I also couldn’t help but mention the fact that Coinbase custody introduced staking to their service is just a teaser of the big things to come for Tezos.
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