OX Price Prediction Today: Daily (ZRX) Value Forecast – July 25


  • The short-term is the uptrend while the medium-term outlook is in a range-bound market.
  • Traders may consider buying at key area with bullish reversal candlestick pattern as confirmation.

ZRX/USD Medium-term Trend: Ranging

Supply zones: 0.3600, 0.3800, 0.4000
Demand zones: 0.2800, 0.2700, 0.2600

The cryptocurrency medium-term outlook continues in a range-bound market. The rally was sustained during yesterday session with price clearly above the lower demand area. Price was initially up at $02241 and later to $02310 the high of the day, despite the bears' pressure that broke the lower range before the end of yesterday session.

Today’s opening 4-hour candle at $02267 sustained the bullish momentum with price already up at $02378 breaking the resistance at the two EMAs within the range. The rally may be sustained with the signal of the stochastic oscillator pointing up 60% which suggest upward momentum in price in the medium-term.

ZRXUSD is in consolidation and trading between $0.2500 in the upper supply area and at $0.2200 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence patience is required to allow this to happen before a position is taken.

ZRX/USD Short-term Trend: Bullish

The cryptocurrency is in a bullish trend in the short-term outlook. The formation of higher highs and higher low during yesterday session suggests an up-trending market with $02303 as the high before the end of the session. Today’s session opened on a bullish note at $0.2259 with $02373 in the supply area already attained.

Price is above the two EMAs crossover within the lower demand area during yesterday session coupled with the retest of the broken demand with the signal of the stochastic oscillator pointing up at 80%, in the overbought region an indication of upward momentum.

New higher high and higher low may be attained before the end of today’s session.

Live 0x (ZRX) Price:

1 ZRX/USD =$2.1514 change ~ -0.95%

Coin Market Cap

$1.64 Billion

24 Hour Volume

$134.45 Million

24 Hour VWAP

$2

24 Hour Change

$-0.02

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide