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 -77.33 percent. The 200-day moving average is currently 97.1 percent less than the current price, 57 percent less than the 100-day moving average, and 44.14% 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 $1.18. Others were much less optimistic, with an anticipated price of $0.89.
The most recent average price target for the following year is $1.02, which is the most crucial number.
This means that Tezos could drop by -0.14% 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 $1.02 by March 2025. In five years, the price of Tezos is expected to be $1.01, and by 2030, it is anticipated to reach $1.01.