ZCOIN Price Prediction Today: Daily (XZC) Value Forecast – July 1
- ZC/USD market is in a relatively bullish outlook around price ranges of $10 and $13 marks.
- $12 price level of the market seems to be its decent zone of entry.
XZC/USD Medium-term Trend: Bullish
- Resistance levels: $14, $15, $16
- Support levels: $9, $8, $7
XZC/USD market valuation has been trading in a relatively bullish outlook around price ranges of $10 and $13 marks. During the trading sessions on June 29, the pair made a notable spring northwards that eventually led to testing resistance at $14 mark.
The market has been retracing downwards to now find a trading zone around the Bollinger Middle Band trend-line. The 50-day SMA indicator is located over the Bollinger Middle Band around $12 point. The Stochastic Oscillators have now joined their hairs to consolidate between ranges 40 and 20.
The bulls in the XZC/USD market have somewhat appeared getting relaxed in the market probably to rebuild their foundation around $11 mark. However, if they fail to make spring from that level, there’ll be the possibility of seeing the pair lowering down to low levels between $10 and $9 marks.
XZC/USD Short-term Trend: Ranging
The XZC/USD trade has been seeing a ranging trend outlook today as at the time of writing. The range price movements have been featuring within the confinement of the Bollinger Bands around $12 and $11 range zones.
Yesterday’s sessions were a bit in a bearish outlook. The 50-day SMA indicator has now been trending over the Bollinger Bands’ trend-lines at a near location. The Stochastic Oscillators now move in a consolidation mode around range 60.
Going by the indicator’s reading, the XZC/USD market is now under selling pressure. And, the $12 price level of the market seems to be its decent zone of entry.
Live Zcoin (XZC) Price:
1 XZC/USD =$4.4478 change ~ 0.04%
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