Ox Price Prediction Today: Daily (ZRX) Value Forecast – June 28


  • On June 8, the ZRX market reached the $0.36 overhead resistance and it was resisted.
  • In the last  attempt on June 23, the bulls were resisted but the market was on a downward correction to a low at $0.30.

ZRX/USD Medium-term Trend: Bearish

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

Yesterday, June 27, the ZRX price was in a bearish trend. The bulls were unable to break the $0.36 overhead resistance level. On June 8, the ZRX market reached the $0.36 overhead resistance and it was resisted. The market was on a downward correction to a low at $0.31.

The $0.31 support level was holding as the bulls made an upward move to the bullish trend zone. The bulls made the second attempt, on June 16, and were resisted at the $0.36 overhead resistance. The price retraced to the support of the 12-day EMA and commenced a range bound move before it fell below the EMAs.The crypto’s price fell to a low at $0.33 price level and commenced a range bound move.

At this attempt on June 23, the bulls were resisted but the market was on a downward correction to a low at $0.30. Meanwhile, the ZRX market is in the oversold region of the daily stochastic but below the 60% range. This indicates that price is in a bearish momentum and sell signal.

ZRX/USD Short-term Trend: Bearish

On the 1-hour chart, the ZRX price was in a bearish trend zone. The 12-day EMA and 26-day EMA are sloping southward. On June 28, the bulls tested the $0.34 resistance and were resisted. The market had a downward correction to a low at $0.30 price level.

The crypto’s price is below the EMAs which suggest that price is likely to fall. Meanwhile, the price is in the oversold region of the daily stochastic but below the 60% range. This indicates the price is in a bearish momentum and a sell signal.

Live 0x (ZRX) Price:

1 ZRX/USD =$1.8652 change ~ 8.64%

Coin Market Cap

$1.46 Billion

24 Hour Volume

$62.3 Million

24 Hour VWAP

$2

24 Hour Change

$0.16

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

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