Ox Price Prediction Today: Daily (ZRX) Value Forecast – June 14

• Since on May 15, the bulls have been contesting against the $0.36 overhead resistance.
• The small body candlestick like the Doji and the Spinning tops are indecisive candlesticks that described the indecision between the buyers and sellers at the current market price.

ZRX/USD Medium-term Trend: Ranging

• Resistance Levels: $ 0.44, $0.46, $ 0.48
• Support Levels: $0.31, $0.30, $0.29

Yesterday, June 13, the ZRX price was in a sideways trend. Since on May 15, the bulls have been contesting against the $0.36 overhead resistance. The bulls have not been able to break the $0.36 overhead resistance level. On June 8, the bulls tested the $0.36 overhead resistance and were resisted. The ZRX market had a downward correction as the price fell to the support of the 12-day EMA and later to the $0.31 support level.

After the downward correction, the crypto is now in a sideways trend. The 12-day EMA and the 26-day EMA is flattening and sloping horizontally. The crypto’s price is fluctuating below and above the EMAs. The small body candlestick like the Doji and the Spinning tops are indecisive candlesticks that described the indecision between the buyers and sellers at the current market price. The crypto is likely to range for a few more days

ZRX/USD Short-term Trend: Bearish

On the 1-hour chart, the ZRX price was in a bearish trend zone. The crypto’s price is fluctuating between the level of $0.31500 and $0.33500. The 12-day EMA and the 26-day EMA are sloping horizontally.

Today, at the support level of $0.31500 price level, the bulls are making an upward move to retest the $0.33500 price level. Meanwhile, the BAT price is in the oversold region of the daily stochastic but above the 40% range. This indicates that the price is in a bullish momentum and a buy signal.

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