ZRS does not afraid of BatchOverflow and goes UP
Coin of the day is Ox.
0x is an open protocol that is designed to offer a decentralized exchange as part of the Ethereum blockchain. 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange.
0x, at its core, is an open source decentralized exchange protocol, so any use case that involves the trading of different assets can eventually be built using 0x.
The idea of decentralized exchanges is becoming more popular in modern times when ordinary exchanges do not withstand the loads from the influx of customers.
In March 2017, the protocol closed a huge round of financing, which was headed by Polychain Capital.
Latest news
April 25 - BatchOverflow attack on ERC20 tokens. ZRX tokens are not vulnerable to this issue. So, the news did not harm ZRX tokens by any means. (Affected tokens, according to media reports: MESH, UGToken, SMT, SMART, MTC, FirstCoin, GG Token, CNY Token, and CNYTokenPlus.)
Technicals
ZRXBTC had a rebound and went on an upward trend on the 18.03.2018. Since then the price overcame all Bearish Trend Lines, broke above 100-days and 50-days EMA. At the moment ZRX trades in the 23.6% Fibonacci zone of the global uptrend, which is the last zone before the new highs. Daily volume peak distributes above the 0.00016 level, adds confidence in the further development of the uptrend. Minor resistance is 0.00017 level, breakthrough of which will lead the price to the highest point of the price 0.00019 and possibly psychologically significant 0.0002. Bullish Trend Line and 0.00015 - 0.00016 zone should serve as a support for the uptrend scenario.
0x is an open protocol that is designed to offer a decentralized exchange as part of the Ethereum blockchain. 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange.
0x, at its core, is an open source decentralized exchange protocol, so any use case that involves the trading of different assets can eventually be built using 0x.
The idea of decentralized exchanges is becoming more popular in modern times when ordinary exchanges do not withstand the loads from the influx of customers.
In March 2017, the protocol closed a huge round of financing, which was headed by Polychain Capital.
Latest news
April 25 - BatchOverflow attack on ERC20 tokens. ZRX tokens are not vulnerable to this issue. So, the news did not harm ZRX tokens by any means. (Affected tokens, according to media reports: MESH, UGToken, SMT, SMART, MTC, FirstCoin, GG Token, CNY Token, and CNYTokenPlus.)
Technicals
ZRXBTC had a rebound and went on an upward trend on the 18.03.2018. Since then the price overcame all Bearish Trend Lines, broke above 100-days and 50-days EMA. At the moment ZRX trades in the 23.6% Fibonacci zone of the global uptrend, which is the last zone before the new highs. Daily volume peak distributes above the 0.00016 level, adds confidence in the further development of the uptrend. Minor resistance is 0.00017 level, breakthrough of which will lead the price to the highest point of the price 0.00019 and possibly psychologically significant 0.0002. Bullish Trend Line and 0.00015 - 0.00016 zone should serve as a support for the uptrend scenario.
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