At the time of writing, the 0x price prediction is seen moving above the $0.16 level as the coin crosses above the moving averages.
0x Price Prediction Statistics Data:
- 0x price now – $0.174
- 0x market cap – $148 million
- 0x circulating supply – 847.4 million
- 0x total supply – 1 billion
- 0x Coinmarketcap ranking – #152
Resistance levels: $0.200, $0.210., $0.220
Support levels: $0.145, $0.135, $0.125
ZRX/USD touches the daily high at the $0.174 level as the coin faces the path of development since yesterday but the bullish movement can only be confirmed if the market price stays above the 9-day and 21-day moving averages. However, the 0x price is hovering at $0.174 with 5.99% gains in the last 24 hours.
0x Price Prediction: 0x (ZRX) May Gain More
As the daily chart reveals, traders can observe that since the beginning of this month, the 0x price has not been able to display strong bullish momentum as the coin is seen decreasing drastically. Therefore, the 0x price needs to stay above $0.180 consistently for the next few days to regain the proper bullish momentum. However, the technical indicator Relative Strength Index (14) moves to cross above the 50-level, and the signal line is pointing to the north to give more bullish signals.
However, the 0x price only needs to conquer a few crucial resistance levels of $0.180 and $0.190 to stay comfortably at the top. Now, if the coin closely manages these levels well, then it could reach the potential resistance levels at $0.200, $0.210, and $0.220 respectively. On the downside, if the bears wish to maintain their drive, ZRX/USD may likely drop below the lower boundary of the channel, any further bearish movement could drag the coin to the critical supports at $0.145, $0.135, and $0.125.
ZRX/BTC Spikes to the Upside
Against Bitcoin, 0x is consolidating above the 9-day and 21-day moving averages as the price changes hands at 666 SAT while the technical indicator Relative Strength Index (14) moves to cross above the 50-level.
However, the daily chart reveals that buyers may continue to have the day as the resistance level to be reached could be 730 SAT and above. On the contrary, a lower sustainable move below the lower boundary of the channel may cancel the bullish pattern and could attract new sellers to hit the support at 580 SAT and below.
Alternatives to 0x
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