- Last 24-hour trading volume for the crypto is 14.226M USD.
- The all-time high of the Tezos crypto is $12.54 as per Coinbase and the price has advanced by +0.29% in the last 24 hours.
The current market price of XTZ coin is 0.684 USD which has declined by more than -90.00% from the all-time high. The total supply for the coin is 972.178M and the circulating supply is 951.155M.
The market cap for the Tezos coin has declined by -0.31% in the last 24 hours and the trading volume has increased by 2.07% which is not a significant figure. The market cap rank of the XTZ crypto is #55 and the market cap dominance is 0.06% resulting in volume/market cap ratio of 0.0258.
The price of the crypto is consistently declining from higher levels and has dropped more than 90.00%, the sellers are highly active on the crypto as they declined the price by this huge number.
Tezos Price Technical Analysis in Daily Time Frame
The price of the crypto has declined by more than -18.2% in the last 30 days. The price is also making a lower low structure declining from higher levels. This decline in price represents a preceding downtrend in the market.
The EMA analysis of the Tezos coin price shows the price is trading below the 50-day and the 200-day Exponential Moving Average which represents weakness in price following with a death cross on charts.
The RSI for the XTZ crypto has declined below the oversold zone and is currently trading at the level of 37.66 and unless the value of the RSI hits the 70 level the market can stay negative on charts and the price may continue to decline.
Tezos Volume Analysis
There is no significant change in the volume of the crypto which represents the lack of interest of traders in the coin.
Conclusion
The price of the crypto has been declining from the higher levels resulting in a strong downtrend and there is no sign of buyers in the market. The EMA and the RSI are also weak on charts showing a sell signal. Also there is no significant activity in the volume of the crypto.
Therefore, the price of the crypto may continue to decline further as there is no factor in the market that can pull the prices up and the technicals are also negative. The only level from where we can expect some upmove in the market is $1.500.
Technical Levels:
- The support levels for Tezos Crypto are $0.680 and $0.400
- The resistance levels for the Tezos Crypto are $1.000 and $1.500
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.