Can XTZ Make a Comeback? On-Chain Data Gives the Answer

Does anyone still remember Tezos? This veteran smart contract platform, born in 2018, reached a high of $9.18 during the 2021 bull market and then... nothing. After lawsuits, power struggles, and market crashes, XTZ became one of the "forgotten coins."

But the latest data shows the situation might be turning around—

**Current price at $0.56, but institutions are quietly accumulating**
- 4-hour chart: price is hugging the upper band, clear buying pressure
- MACD golden cross, Balance of Power is positive
- On the daily chart, XTZ is above the 9-day moving average, forming an ascending channel

**What do the predictions say?**
- By the end of this year, it could hit $1.73 (210% upside)
- $4.66 by 2028
- Straight to $14.78 by 2031

Sounds crazy? But don’t forget, Tezos recently partnered with Manchester United to launch NFT collectibles, its DeFi ecosystem is expanding, and the tech keeps evolving. These aren’t baseless predictions, but logic based on increased adoption.

**But the risks are clear:**
- Short-term resistance at $0.569; if support at $0.540 breaks, expect a sharp drop
- 30-day volatility at 12.87%—still moderate, but crypto is unpredictable
- Mixed technical indicators: long-term SMAs all sell signals, short-term showing more buy signals

**Bottom line:** There are signs XTZ is coming back from the dead, but whether it can truly rebound depends on future adoption and market sentiment. In the short-term, $0.58–$0.60 is key; long-term investors should watch for a break above $2 in 2026.

What do you think? Is Tezos undervalued or is it really out of chances?