Tezos Invite the Bears after 9.76% Decline in the Value

• Tezos loses 9.76% in the last 24 hours
• It is foreseeing the next resistance at 0.815 USD

Tezos is one of the top-ranked coins in the market, and it has been down by 9.76% in the last 24 hours. It has witnessed three major price swings in these 24 hours.

Tezos Price Analysis

Tezos started the day trading at 0.8754 USD, and over the next 15 hours and 45 minutes, it was down to 0.7650 USD after a 12.61% fall. It was followed by a hike of 9.02% that added 0.0690 USD and pushed the value to 0.8340 USD. The last swing happened between 18:12 UTC and 03:05 UTC, today. This swing cost Tezos 0.0436 USD, and the value reached 0.7904 USD.

The market cap of Tezos has also taken a hit in these 24 hours. Between October 23 and 24, it has been down to 501.93 million USD from 502.75 million USD.

Tezos has its current trend at 0.7899 USD. Its 50-day average and 20-day average is at 0.9481 USD and 0.889 USD. The current trend is 16.68% and 11.14% less than the 50-day average and 20-day average, respectively. According to XTZ Price Prediction, the coin might reflect recovery and the next halt may come at 0.815 USD.