Zcoin Price Prediction Today: Daily (XZC) Value Forecast – July 18
- On the upside, if the bulls break above the EMAs, the crypto's price will rise and retest the $13 resistance level.
- However, if the price does fall it will depreciate to the previous low of $7.00 price level.
XZC/USD Medium-term Trend: Ranging
- Resistance Levels: $12.0, $13.0 $14.0
- Support levels: $10.0, $9., $8.0
Yesterday, July 17, the price of Zcoin was in a bullish trend after testing the $8.000 support level. The bulls are making attempts to break above the EMAs but were facing resistance at the 12-day EMA. On the upside, if the bulls break above the EMAs, the crypto's price will rise and retest the $13 resistance level.
The moving averages are trending horizontally indicating that the price is in a range bound move. The crypto’s price is below the moving averages indicating that price may likely fall. However, if the price does fall it will depreciate to the previous low of $7.00 price level.
Meanwhile, the price of Zcoin is in the oversold region of the daily stochastic but above the 20% range. This indicates that price is in the bullish momentum and a buy signal.
XZC/USD Short-term Trend: Bearish
On the 1-hour chart, the XZC price was in a bearish trend. The 12-day EMA and the 26-day EMA were sloping northward indicating that price is rising. The crypto’s price is above the moving averages suggesting that price may rise.
The XZC market reached the high of $9.60 price level but was resisted. The price is retracing to the support of the 26-day EMA. Meanwhile, the price of Zcoin is in the overbought region of the daily stochastic but below the 60% range. This indicates that price is in the bearish momentum and a sell signal.
Live Zcoin (XZC) Price:
1 XZC/USD =$4.4751 change ~ -2.71%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.