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Tezos (XTZ) Price Prediction Weekly (JUNE 2022): Will XTZ Price Regain its Position Above INR 200?

Tezos Price Prediction

Key Takeaways: 

Tezos Price Analysis: Will XTZ Price Hit INR 200 This Week of June?

The Tezos price ever since the beginning of October 2021 trade maintained a strong descending trend. The asset is currently attempting to flip the downtrend by consolidating within a parallel channel. Currently, a significant buying volume has been accumulated that may push the price until the day’s close or the next day’s trade. 

However, the buyers may get exhausted or could relax a bit to prepare for the next price action. And hence a slight pullback from INR 175 levels may be expected that may drag the price back below INR 170. Yet the prices may stabilize and rise above INR 180 by the end of the week. An extended bull run may enable the price to rise close to INR 200

Tezos Price Prediction: XTZ Price Trend Comparison with XRP (Last 30 Days)

Source: Tradingview

Correlation of XTZ/USDT and XTZ/BTC (Last 30 Days)

Source: Tradingview

Top Gainers & Losers of the Week

Top Gainers

Crypto Price* 7-Day Percentage Change
Polymath(POLY) INR 23.26 +24.6%
Cardano(ADA) INR 865.27 +31.9%
Helium (HNT) INR 51.40 +45.8%
Theta Network(THETA) INR 108.49 +17.2%

Top Losers

Crypto Price* 7-Day Percentage Change
Elrond eGold INR 5865.58 -10.9%
STP Network (STPT) INR 4.55 +26.7%
Waves (WAVES) INR 691.28 +91.8%
BitcoinCash (BCH) INR 15,133.74 +0.6%

*Prices are of 06 June 2022 at 01 pm

What’s New on CoinDCX? New Coin Listings on CoinDCX App

Crypto Price*
Moonbeam (GLMR) INR 112.93
Livepeer (LPT) INR 1,046.43
Kava (KAVA) INR 218.08
STEPN(GMT)  INR 82.90

*Prices are of 06 June 2022 at 01 pm

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The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


 

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