Tezos Price Prediction: Long-term (XTZ) Value Forecast – July 20


  • On May 20, the bulls were resisted at the $1.800 price level.
  • The price of Tezos was below the moving averages indicating that the price is falling.

XTZ/USD Long-term Trend: Bearish

  • Resistance levels: $1.6000, $1.8000, $2.0000
  • Support levels: $1.2000, $1.0000, $0.8000

The XTZ/USD pair was still in a downward correction. On May 20, the bulls were resisted at the $1.800 price level. The 12-day EMA and the 26-day EMA are trending southwardly. The price of Tezos was below the moving averages indicating that the price is falling. The crypto’s price is below the 12-day EMA and the 26-day EMA which suggest that price may further depreciate. On July 1, the price of Tezos fell to a low of $0.91800 and commenced a bullish trend above the EMAs.

The bulls break the EMAs but were resisted at the bullish trend zone. On July 16, the price fell to the low at $0.008500 and made an upward move. Today, the price of Tezos is now in a bullish trend. The stochastic is in the overbought region but below the 20% range which indicates that the price of Tezos is in a bearish momentum and a sell signal.

Live Tezos (XTZ) Price:

1 XTZ/USD =$3.6170 change ~ -4.11%

Coin Market Cap

$2.76 Billion

24 Hour Volume

$103.29 Million

24 Hour VWAP

$4

24 Hour Change

$-0.15

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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