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Zrxusdt

Is it possible for the ZRX crypto to recover?After Ox joined with Coinbase, the world's second-largest cryptocurrency company, the price of ZRX skyrocketed. Coinbase's non-fungible token (NFT) marketplace now includes Ox as its blockchain supplier. As a result, its coin price is rising as investors believe that this is a validation of the network. Bullish Scenario: Before the Coinbase alliance, the ZRX price was in a gradual upward trend on the daily chart. ZRX has increased by more than 50% and is now trading at $0.89, its highest level since December of last year. ZRX is trading above the $0.80 support level. If it remains above this zone and the $1.01 resistance level breaks, we could see a move towards $1.18, $1.41 and above. Bearish Scenario: ZRX is still in a downturn on higher time frames including daily, weekly, and monthly so we aren't quite out of the woods yet to have a strong optimistic bias. Failure to hold the $0.80 support level and a break below $0.65 might lead to a slide to $0.52 and even below.
BINANCE:ZRXUSDLong
by AltcoinBuzzTrading
1
ZRX very uncertainFor starting I'd like to say, for those who missed it, that I'm bearish on BTC and from this point of view this pattern on ZRXBTC should be bullish. Secondly volume and indicators are not the in the best shape to support a bullish pump and ZRXUSDT looks like it has already broken out (a pennant in that case) but can't sustain the pump Here I see a symmetrical triangle which is usually a continuation pattern, in this case it should breakout and reach the target as I indicated on my chart. I don't think targets are much reliable lately though. I've seen EMA 200 holding and price which is good but I see volume going down on both pairs (BTC and USDT) and especially how the daily candle is shaping up after 2 other candles which are not very attractive for a long. My opinion: - if ZRXUSDT breaks out current resistance (0.743USDT) and closes over there you might enter as long as BTC runs out of steam (things I suppose gonna happen soon unless current BTC price get stustained from volume. - if ZRXUSDT gets rejected don't enter or short it - check ZRXBTC on the weekly, if it closes like this: then you can expect it going up I know, ALTS against BTC TA are always more complicated, this is the only one I'm into and hopefully will deliver sooner or later
by Shotokhan
0x vs Tether (Major Downtrend Ends, 125% Growth Next!)We can look at this in different ways... This time lets focus on the trend. Recently, ZRXUSDT (0x) has come out of a major downtrend, this downtrend remain active for many months. By downtrend we mean lower highs and lower lows. Now that the downtrend is over, what follow is an uptrend which starts with an impulsive bullish wave. Whatever action we see now is only the beginning. The green arrow represents the bullish path. It doesn't grow in a straight line. There will be retraces and corrections along the way. We are bullish now. Namaste.
Long
by AlanSantana
1
ZRX/USDT - Potential 220% SetupHello Traders! ZRX completes the previous cycle and completes the fall phase. The new cycle begins with the accumulation phase. The zone of interest of buyers is in the range of $0.305 - $0.480. For a medium-term trade the first part of purchases should be made in the range between $0.305 - $0.395. And the second one after the price goes over the level of $0.480 with fixation. The profit taking targets will be price levels $0.94 $1.16 $1.31 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ZRXUSDLong
by UnknownUnicorn10064030
3