Tezos Price Prediction 2024-2030: How High can XTZ Rise?

Key takeaways

• Based on key support and resistance levels, XTZ could fluctuate between $0.66 to $2.48 in 2024.
• In the near term after 2025, XTZ could reach above $3 per token if market sentiments stay bullish. 
• Key factors like rate of adoption and platform updates and new features can push its price above the all-time high of $9.14 by 2030.

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 behind 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 provide a thorough answer to these questions based on our Tezos price prediction.

Overview

Cryptocurrency	Tezos
Token	XTZ
Price	$0.96
Market Cap	$941,422,924
Trading Volume	$19,887,175
Circulating Supply	980,689,230 XTZ
All-time High	$9.14
All-time Low	$0.60
24-hour High	$0.9787
24-hour Low	$0.9546

Tezos Price Prediction: Technical Analysis

Metric	Value
Price Prediction	$1.0193 (4.81% increase)
Volatility	11.85%
50-Day SMA	0.966
14-Day RSI	44.86
Sentiment	Slightly bullish
Fear & Greed Index	67 (Greed)
Green Days	17/30
200-Day SMA	0.9656

Tezos price analysis: Bears are pulling XTZ lower and trying to break below the $0.87 support line 

TL; DR Breakdown 

• XTZ/USD is facing a lot of pressure from the bulls as it forms a descending triangle on both 1-hour and 4-hour charts. 
• Tezos is likely to break lower than the $0.87 support line in the next few days. 
• This is not a good time to buy XTZ as a spot investment. Futures traders may want to look for shorting opportunities.

XTZ price analysis on 13th May, 2024 is confirming that the bears are going very strong, as they form lower lows on the daily charge. Hence, XTZ might be gearing to break lower than the $0.87 support line. 

XTZ price analysis 1-day chart: Tezos price seems to be going downhill as bears take control

The Tezos 1-day price chart has shown us a consistent bearish pattern over the last month, indicating that the bulls don’t have much control right now. It will take a lot of bullish power for XTZ to break above this pattern. Instead, it is much more likely for it to plummet lower than the $0.87 support line, which Tezos has held since January, 2024. 

At the same time, its RSI levels are currently at 36 and strongly headed downwards below 30. So, we can say the market is fairly oversold right now, which isn’t uncommon in patterns like these due to increasing fear among the investors. 

It is likely that XTZ will retest this bearish pattern a few more times before finally breaking lower than the support line. Overall, everything about its 1-day chart gives us a very bearish outlook.

XTZ/USD 4-hour price chart: Tezos once again gears to retest $0.87 support 

The 4-hour Tezos chart also gives us the same bearish pattern. It’s a descending triangle with lower lows being formed, indicating that the demand is weakening overtime. In such scenarios, the coin is eventually going to break lower than the support line until massive bullish pressure comes in, which isn’t likely in this case. 

If it does break lower in the next few does, we can expect it to consolidate sideways between $0.86 and $0.65 for a while before the market decides to take a turn for the better or worse. 

Tezos Technical Indicators: Levels and Action 

Daily Simply Moving Average (SMA)

Period	Value	Action
SMA 3	$0.946	SELL
SMA 5	$0.957	SELL
SMA 10	$0.954	SELL
SMA 21	$0.987	SELL
SMA 50	$1.140	SELL
SMA 100	$1.165	SELL
SMA 200	$1.034	BUY

Daily Exponential Moving Average (EMA) 

Period	Value	Action
EMA 3	$0.942	SELL
EMA 5	$0.948	SELL
EMA 10	$0.961	SELL
EMA 21	$1.00	SELL
EMA 50	$1.08	SELL
EMA 100	$1.10	SELL
EMA 200	1.058	BUY

What to expect from XTZ price analysis next?

At the moment, Tezos 1-hour price chart gives us sideways consolidation between $1.11 and $0.88, however, the overall market is bearish right now and there isn’t much happening in the Tezos community that could spark the bulls.  

If no positive news comes out in the next few days, then XTZ market is bound to succumb to the bulls and break lower than $0.87 to find new support and resistance levels. 

Recent News

• Tezos has announced its annual flagship conference in Brussels, Belgium, on July 11th, 2024. 
• On 3rd May, 2024, Tezos announced the integration of MintyCode Dao with Tezos.

Tezos Price Prediction May 2024

It is not likely that we’ll see any significant upward momentum in Tezos in May. This is due to the fact that the market has been fluctuating between $1.10 and $0.874 over the last month, and there’s a lot of resistance at the $1.10 mark. 

XTZ may retest this level again in the next few days, but it is not likely to break through yet because the bearish pressure is strong. Tezos will need a significant push from the bulls to break above this level. Throughout this month, it is expected to consolidate between $1.10 and $0.874.

Tezos Price Prediction	Potential Low	Potential Average	Potential High
Tezos Price Prediction May 2024	$0.88	0.98	$1.05

Tezos Price Prediction 2024

In the near future, experts are expecting the overall cryptocurrency market to become bullish. While this also depends on the economic state of the world and other factors like clashes between countries, the overall outlook is positive for Q3 and Q4 of 2024. This is due to the fact that Bitcoin, which predominantly drives the market, is expecting a surge post-halving and the increasing popularity of ETFs. 

If that happens, the outcomes will certainly be positive for Tezos as well. We can expect it to recover above its current resistance levels by the end of 2024, which means that its price can very well test $3.0 and even break above. 

Tezos Price Prediction	Potential Low	Potential Average	Potential High
Tezos Price Prediction 2024	$1.15	$2.56	$3.15

Tezos Price Predictions 2025-2030

Year	Minimum Price	Average Price	Maximum Price
2025	$2.34	$3.60	$4.70
2026	$3.44	$4.10	$5.50
2027	$4.32	$5.44	$6.10
2028	$4.12	$5.42	$6.23
2029	$7.27	$7.90	$8.40
2030	$7.50	$8.50	$9.20

Tezos Price Prediction 2025

At the start of 2025, we can expect the bull market to be in full swing, as it would mark more than 6 months since Bitcoin’s halving. The overall impact will be seen in the crypto market, which means that Tezos can reach up to an average price of $3.60 due to recovery in investor interest and possible inflation stabilization at 2%.

Tezos Price Prediction 2026

In 2026, the growth will be relatively slower, although the market will still have bullish sentiments. Due to the slowdown, we are likely to see increased selling pressure with a higher fear index. If the Tezos platform sees more adoption around this time, the prices may push up and hold well above $5. Otherwise, we can expect them to stabilize at the $3.44 mark.

Tezos Price Prediction 2027

If we look at the previous chart of Tezos, and assume that it will follow the usual trends in market cycles, then the XTZ price could recover and stabilize somewhere between $5.44 and $6.10, but that will require improved trust in the Tezos platform.

Tezos Price Prediction 2028

In 2028, Tezos can be expected to continue its rally upwards with the average price reaching the $6.23 mark or above. However, throughout the year we can expect it to continue trading at an average price of $5.42.

Tezos Price Forecast 2029

Based on the current projections, XTZ may be valued at a minimum price of $7.27 and peak as high as $8.40, assuming that the market continues to follow the same bullish/bearish cycles as the last few years, with an average price of $7.90 throughout 2029.

Tezos (XTZ) Price Prediction 2030

The price of Tezos in 2030 can reach levels comparable to an all-time high of $9.20 provided that the platform undergoes key developments, hence increasing its adoption. If that happens, the price can even break above $10. However, the price so far down the road majorly depends on the platform’s utility and adoption.

Tezos Market Price Prediction: Analysts’ XTZ Price Forecast

Firm Name	2024	2025
Gov.Capital	$0.90	$1.036
DigitalCoinPrice	$1.93	$2.46
Changelly	$1.06	$1.62

• According to CoinCodex, Tezos may mark a yearly high of $1.77 in 2025, with its price reaching $2.00 in 2026. 

Cryptopolitan’s Tezos (XTZ) Price Prediction

At Cryptopolitan, we are slightly bullish on the future price of Tezos based on the potential that it has to recover to its all-time high above $9, provided that the market conditions remain bullish and Tezos adoption increases. 

Hence, its future potential is predominantly dependent on its buying demand and an improvement in the investor sentiment. 

We are expecting Tezos to potentially recover to $3.15 by the end of this year.

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.
• By 25th December 2022, XTZ was valued at $0.8, significantly 
• From there it consolidated between $0.6 and $1.4 until the 9th March 2024.
• At around $1.5, Tezos faced significant resistance and bounced back down to consolidate between $0.8 and $0.1 as of May 12, 2024.
• The overall sentiment of Tezos has been bearish over the last couple of years after booming in 2021.