Is Tezos currently in an uptrend?
According to analysts, the answer is no. Since January 5, 2022, Tezos has been on a long-term downswing, decreasing in value by -78.22 percent. The 200-day moving average is currently 105.15 percent less than the current price, 63.41 percent less than the 100-day moving average, and 50.03% lower than the 50-day moving average.
The Tezos Forecast for 2023
The one-year forecast is generally seen as the most accurate.
Some analysts were optimistic, predicting a 12-month price target of $1.13. Others were much less optimistic, with an anticipated price of $0.86.
The most recent average price target for the following year is $0.98, which is the most crucial number.
This means that Tezos could drop by -0.33% in value during 2023.
XTZ - Relative Strength Forecast
XTZ - Trend Prediction
XTZ - Price Volatility Prediction
XTZ - Relative Strength
XTZ - Momentum Forecast
The Future of Tezos In 2025-2030
The future of Tezos looks bright according to twelve analysts who predict that the cryptocurrency will reach $0.97 by March 2025. In five years, the price of Tezos is expected to be $0.96, and by 2030, it is anticipated to reach $0.95.