Market Stats and Forecasts
Tezos Description
XTZ, which is also known as Tez, is a popular native token of the Tezos blockchain platform. It was launched in 2018 and mainly focused on being self-upgradable, secure and energy efficient blockchain for dApps (decentralized applications) and digital assets. When it comes to key features of XTZ, it works on proof-of-stake (PoS) mechanism where validators are selected based on their XTZ holdings to make the network more energy efficient. All token holders can participate in the governance process of the token and can vote on protocols and other development decisions.
This is the suitable platform for developers who can build dApps because it offers code security via simple verification process and aims to minimize vulnerabilities in smart contracts. When it comes to the use cases of XTZ it is used to pay transaction fees on its network. The token holders can stake their tokens to earn rewards and contribute to network security XTZ is used to interact with different dApps which are built on the Tezos platform. The ecosystem of Tezos includes different applications like play-to-earn games, NFT marketplaces and DeFi platforms.
You can trade XTZ on major exchanges like Binance, Coinebase, Kucoin, Kraken, HTX and many others. Tezos is consistently evolving, and we can expect the Tezos 2.0 which aims to improve scalability, integration of popular gaming languages and make this platform energy efficient. Tezos positions itself as one of the key players in the blockchain sector. The future of this network is bright and XTZ is a good option for investors who want to add a profitable token to their portfolio.
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of Tezos, Our analysis, guided by the machine learning experts, yields forecasts for Tezos price trajectory up to 2024. With a comprehensive understanding of Tezos historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 2 and an error value of 0.74%.
For the year 2024, our analysis indicates a projected yearly low of $0.614, with the high anticipated to reach $0.903. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
| Date | Low | Average | High | ROI |
| 2024-09-15 | 0.673 | 0.702 | 0.729 | -0.02 |
| 2024-09-16 | 0.673 | 0.702 | 0.729 | -0.02 |
| 2024-09-17 | 0.702 | 0.717 | 0.731 | 2.18 |
| 2024-09-18 | 0.695 | 0.71 | 0.731 | 2.18 |
| 2024-09-19 | 0.688 | 0.71 | 0.738 | 2.18 |
| 2024-09-20 | 0.695 | 0.717 | 0.737 | 1.05 |
| 2024-09-21 | 0.687 | 0.701 | 0.722 | -0.06 |
| 2024-09-22 | 0.666 | 0.687 | 0.714 | -1.16 |
| 2024-09-23 | 0.687 | 0.702 | 0.723 | 1.01 |
| 2024-09-24 | 0.702 | 0.717 | 0.731 | 3.24 |
| 2024-09-25 | 0.695 | 0.717 | 0.739 | 3.24 |
| 2024-09-26 | 0.702 | 0.717 | 0.739 | 3.24 |
| 2024-09-27 | 0.717 | 0.74 | 0.761 | 4.37 |
| 2024-09-28 | 0.726 | 0.749 | 0.771 | 6.67 |
| 2024-09-29 | 0.733 | 0.757 | 0.778 | 6.67 |
| 2024-09-30 | 0.734 | 0.758 | 0.78 | 9.02 |
| 2024-10-01 | 0.758 | 0.782 | 0.804 | 10.21 |
| 2024-10-02 | 0.75 | 0.766 | 0.781 | 10.21 |
| 2024-10-03 | 0.742 | 0.757 | 0.78 | 9.00 |
| 2024-10-04 | 0.749 | 0.765 | 0.78 | 9.00 |
| 2024-10-05 | 0.726 | 0.749 | 0.771 | 7.80 |
| 2024-10-06 | 0.742 | 0.758 | 0.781 | 10.18 |
| 2024-10-07 | 0.741 | 0.765 | 0.787 | 8.96 |
| 2024-10-08 | 0.75 | 0.766 | 0.789 | 11.36 |
| 2024-10-09 | 0.782 | 0.807 | 0.83 | 13.81 |
| 2024-10-10 | 0.766 | 0.782 | 0.798 | 12.56 |
| 2024-10-11 | 0.757 | 0.782 | 0.812 | 11.32 |
| 2024-10-12 | 0.749 | 0.765 | 0.788 | 10.10 |
Tezos Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,Tezos is forecasted to achieve its peak value in 2025 at approximately $1.27, while potentially dipping to a low of $0.687. The average trading value during this period is projected to hover around $1.15.Tezos Price Prediction 2026
In 2026, Tezos is anticipated to potentially reach its peak value of $2.07, with a possible lower value of $1.02. The average trading value for this period is estimated to be approximately $1.87.Tezos Price Prediction 2027
As we look ahead to 2027, the trajectory of the Tezos coin may offer investors unexpected turns. Projections suggest peaks hitting $3.08 and lows stabilizing around $1.54, with an average trading value resting near $2.78.Tezos Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the Tezos coin. Projections point towards a maximum value of $4.96, a minimum of $2.48, and an average value of approximately $4.37.Tezos Price Prediction 2029
Our market analysis indicates optimistic prospects for the Tezos crypto in 2029, with projected peaks at $7.73 and floors at $4.03. Moreover, the average trading value of this coin is anticipated to hover around $6.84.Tezos Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the Tezos token. Projections indicate highs near $11.87, potential lows around $6.04, with an average value of about $10.79.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $0.655 by the Sep 15, 2024. The Relative Strength Index (RSI) stands at 0.9376, indicating a Fall market stance. Overall, while the long-term forecast is Sell.
About xtz
Tezos Price Prediction FAQ
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Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Sell
The Tezos is predicted to surge by 4.22% to $0.717 by Sep 17, 2024, though current indicators show a Bearish sentiment with 17 out of 30(57%) green days and a notable -1.07% price volatility over the past month.
