Tezos price prediction 2024-2030: How high can XTZ rise?

Key takeaways

• Tezos price prediction suggests a recovery to $0.7105 by the end of 2024.
• XTZ could reach a maximum price of $2.65 by the end of 2027.
• By 2030, XTZ’s price may surge to $7.56.

Tezos started out really strong as a platform for smart contracts and decentralized apps. After being released in 2018, its price touched an all-time high of $9.12 in 2021. However, throughout this time, it faced issues like lawsuits and power struggles causing a loss in investor trust. 

Eventually, under the effects of the overall market, its price plummeted, and the coin has failed to recover up to the same mark since then. Unfortunately, Tezos is still lagging in adoption as compared to other smart contract platforms like Ethereum and Solana.

Following Bitcoin’s halving event that occurred earlier in April this year, many experts are expecting Bitcoin prices to reach $100k this season. Hence, we can see some price recovery in Tezos as well in the near time, provided that Bitcoin breaks through its ATH and continues to dominate the market.

As the market’s sentiments are somewhat bullish right now, many crypto enthusiasts are asking questions like, “Can Tezos token hit $100 in the long-term?” or at least, “Will Tezos recover to its all-time high?” 

Let’s get into Tezos price prediction and technical analysis.

Overview

Tezos price prediction: Technical analysis

Tezos price analysis: Will XTZ/USD recover above $0.70 soon?

TL; DR Breakdown 

• XTZ/USD support is present at $0.67.
• XTZ could recapture $0.71 if the bulls return.
• Immediate resistance for ZTX/USD is present at $0.715.

XTZ price analysis for October 21 confirms that the market is consolidating. On the larger time frames, XTZ is making attempts at reclaiming the $0.7 price mark, and in the short term, the coin might continue trading sideways. 

Tezos price analysis 1-day chart: XTZ/USD pulls back at $0.715, bulls to step back in?

The XTZ/USD 1-day price chart shows a recent bullish trend, with prices rising to around $0.715 from $0.629 earlier in October. The $0.715 price mark has become the crucial resistance level for XTZ. 

Tezos XTZ immediate support is present at $0.670 which could act as safety nets in case of a pullback. A breakout beyond $0.715 might signal continued upward momentum. The RSI indicator is slightly above the 50-mark, sitting at 53.28, suggesting that the market is neutral in the meantime, implying the need to watchout for a price direction before making a move.

Tezos price analysis 4-hour chart: XTZ to fall below $0.65?

On a 4-hour price chart, XTZ/USD shows a rising wedge, suggesting periods of bullish price movement. XTZ is currently trading close to the bottom of the wedge indicating weakening upward momentum.

The MACD indicator suggests bearish momentum or a potential price correction on the horizon, with the MACD line crossing slightly below the signal line, along with a negative histogram. Traders can anticipate a pull back to between $0.60 to $0.65 if buying pressure continues to diminish.

Tezos technical indicators: Levels and action 

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What to expect from XTZ price analysis next?

XTZ is currently below its 100-day EMA, and retesting the $0.70 resistance level. A failure to break above this point could lead to a drop to support near $0.67 and $0.63; a possibility corroborated by MACD signals. For long traders, unless a breakout above $0.71 confirms bullish continuation, caution is advised. Traders looking to short XTZ could consider $0.67 as a crucial level.

Is Tezos a good investment?

Yes, Tezos could be a good investment as it is currently on a dip, and the prospects look good. Once the bull market returns in full swing, Tezos’ price will likely soar upwards. The platform itself is quite developed, supporting DeFi solutions, decentralized applications, and NFTs. However, as always, you should always do your own research because crypto can be extremely volatile.

Why is Tezos down? 

Tezos is down because of an overall bear market. Slow adoption and weak investor sentiment have also contributed to its decline, but it may recover if market conditions improve​.

Will Tezos recover?

Yes, Tezos is likely to recover by the end of this year. Expert forecasts suggest that we can see XTZ hitting $0.7 by the end of this year.

Will Tezos reach $10?

Yes, Tezos can reach $10. Its all-time high was at $9.18, and significant bullish momentum will be required to break through this level. At that point, we will see old investors cutting their losses and new investors taking profits aggressively.

Will Tezos reach $50?

Based on our price forecast, Tezos may not reach $50 by 2030. To get to that point, it will require a huge market cap. It is certainly possible if mass adoption happens and Tezos gets integrated with new systems. To get there, Tezos will have to compete with the already established players in the space such as Ethereum and Solana that have similar offerings.

Does Tezos have a good long-term future?

Yes, Tezos seems to have a good long-term future due to the fact that the platform regularly brings updates and development is still on-going. It also fits into the larger narrative of decentralized finance, and decentralized applications.

Recent News/updates on Tezos

• Robinhood adds XTZ to its crypto offerings in New York

Robinhood has added Tezos (XTZ) to its cryptocurrency offerings for users in New York, expanding access to the asset in the state. This inclusion allows New York residents to trade XTZ alongside other supported cryptocurrencies on the platform.

• Crypto front-of-shirt and sleeve sponsorship deals continues to grow in the EPL

According to SportQuake, the rise in crypto sponsorship deals with EPL teams reflects the industry’s effort to rebuild its reputation after past bankruptcies left investors with losses. Over the past five years, the value of these sponsorships surged from £13.8 million in the 2020/21 season to £129.7 million in 2024/25, with a notable spike in 2022/23, reaching £43 million before dipping to £101.5 million in 2023/24. Leading crypto firms like Kraken, OKX, and Tezos (which sponsors Manchester United) are stepping in as gambling sponsorships phase out. While crypto companies are eager for these deals, EPL teams remain cautious, requiring upfront payments and including exit clauses for reputational risks.

Tezos price prediction October 2024

If the bulls back XTZ, the token could break out reaching a peak of $0.67, while maintaining an average trading price of $0.86 in October 2024. A bearish outlook for the market could see Tezos drop to $1.01. 

Tezos price prediction 2024

Experts believe the overall outlook for Tezos (XTZ) is positive for Q3 and Q4 of 2024. Investors can expect a minimum market price of $0.7105, an average price of $0.7436 and a maximum price of $0.7706 by the end of the year.

Tezos price prediction 2025-2030

Tezos (XTZ) price prediction 2025

The XTZ price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $1.27. Based on expert analysis, investors can expect an average price of $1.10 and a minimum price of about $1.06.

Tezos price forecast 2026

According to the XTZ price forecast for 2026, Tezos is anticipated to trade at a minimum price of $1.50, a maximum price of $1.82, with an average price of $1.55.

Tezos price prediction 2027

The XTZ price prediction for 2027 indicates a continued rise with minimum and maximum prices of $2.13 and $2.65, respectively, as well as an average price of $2.19.

Tezos price prediction 2028

Tezos’s price is expected to reach a minimum of $3.08 in 2028. The maximum expected XTZ price is $3.63, with an average price of $3.19.

Tezos price prediction 2029

The XTZ price prediction for 2029 estimates a minimum price of $4.29, a maximum price of $5.21, and an average price of $4.45.

Tezos price prediction 2030

The Tezos price prediction for 2030 suggests a minimum price of $6.29 and an average price of $6.47. The maximum forecasted Tezos price is set at $7.56.

Tezos market price prediction: Analysts’ XTZ price forecast

Cryptopolitan’s Tezos (XTZ) price prediction

Tezos is expected to reach $1 by the end of 2024 while forecasts up to 2030 give a positive outlook about its price breaking the $6 mark. However, the future price of Tezos is based on its potential to recover to its all-time high at $7.56. For that to happen, market conditions must become bullish along with an increase in Tezos’ adoption. 

Tezos historic price sentiment 

• Tezos mainnet went live in September 2018, and immediately gained popularity for dealing with the environmental impact of blockchain technologies at that time with its PoS model. 
• XTZ price peaked during the bullish cycle of 2021, when it reached above $9.0.
• After 4th April, 2022, XTZ price plummeted below $4.0 and by the 9th May, its price had sharply fallen below the $2 mark.
• At the start of December 2022, XTZ was valued at about $1, but it closed the year at $0.73. XTZ managed an average price of $0.8 in 2023. 
• In 2024 thus far, Tezos (XTZ) has seen a largely bearish trend. It started around $1.4 in April, declined to $0.541 by August, and is trading between $0.6747 and $0.7015 in September.
• In October, Tezos is currently trading between a range of $0.6879 to $0.7138.