OX Price Prediction Today: Daily (ZRX) Value Forecast – June 26


  • The short-term is in the uptrend while the medium-term outlook is in a range-bound market.
  • Responsible buying may be considered at key areas.

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 bears lost momentum at $0.3721 shortly after today’s opening session. Although the lower demand area was broken, but price closed within the range. The wick formed signaled the gradual bulls return with the target at the upper supply area of the range in the medium-term.

Price is already up at $0.3499 above the two EMAs heading towards $0.3600. The stochastic oscillator signal points up at 62%, which suggest upward movement in price within the range in the medium term.

ZRXUSD is in consolidation and trading between $0.3600 in the upper supply area and at $0.3200 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 bear flag formed on 24th June returned the bears that pushed the coin to $0.3229 in the demand area.

Although today’s market opens on a bullish note at $0.3342, the bears briefly dropped the coin to $0.3216 in the demand area. This created a double bottom formation, a pattern that favours the bulls in the short-term.

ZRXUSD was up at $0.3499 in the supply area. The bulls target is at $0.3600 in the supply area. The upward price movement to this area is confirmed by the signal of the stochastic oscillator pointing up at 53% with price above the two EMAs.

Live 0x (ZRX) Price:

1 ZRX/USD =$0.8738 change ~ -3.85%

Coin Market Cap

$738.57 Million

24 Hour Volume

$32.13 Million

24 Hour VWAP

$1

24 Hour Change

$-0.03

 

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