Tezos Price Predictions: Where Will Robinhood Listing Take the XTZ Crypto?

  • Tezos (XTZ-USD) is among the few crypto tokens making a move higher today.
  • This comes as Robinhood (NASDAQ:HOOD) announced it would support trading for the platform.
  • Experts provide a relatively wide range of where this token could head on the back of this catalyst.
Tezos price predictions - Tezos Price Predictions: Where Will Robinhood Listing Take the XTZ Crypto?

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Amid relatively muted market action in the crypto world, Tezos (XTZ-USD) is moving higher today. Accordingly, interest around Tezos price predictions has grown, as this token is moving nearly 2% higher at the time of writing.

This move comes on the heels of a key Robinhood (NASDAQ:HOOD) listing. Announced via social media, Robinhood has moved to bring Tezos onto its trading platform, which only currently services 19 tokens at the time of writing.

Thus, this isn’t some small-time catalyst investors are brushing off today. Indeed, Robinhood is among the most popular trading platforms for many mainstream crypto investors. Additionally, as a regulated centralized entity, Robinhood’s listing of Tezos is an implicit confirmation about the quality of this underlying token.

Thus, long-term crypto investors looking for an easy way to buy XTZ crypto now have the ability to do so. Let’s dive into what this means in terms of expert price predictions for this project.

Tezos Price Predictions: What’s Next for XTZ?

For context, the XTZ crypto currently trades at $1.36 per token at the time of writing.

  • Wallet Investor provides a rather bearish one-year forecast of 6.7 cents for XTZ.
  • Taking a more bullish view is DigitalCoinPrice, with 2023 and 2027 price predictions of $2.23 and $4.30, respectively, for this crypto.
  • Finally, CoinPriceForecast provides year-end 2023 and 2027 price targets for Tezos of $1.94 and $3.83, respectively.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

Article printed from InvestorPlace Media, https://investorplace.com/2022/10/tezos-price-predictions-where-will-robinhood-listing-take-the-xtz-crypto/.

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