ZCOIN Price Prediction Today: Daily (XZC) Value Forecast – July 29
- XZC/USD market operations maintain a range trading feature of the last sessions.
- The XZC/USD market sellers appear to have a better chance of the market control at the expense of the buyers’ inactive approach.
XZC/USD Medium-term Trend: Ranging
- Resistance levels: $11, $12, $13
- Support levels: $8, $7, $6
XZC/USD market’s price continues to trend around ranges of $10 and $9 levels. At a point in time on July 27, the crypto was overwhelmed by the USD currency in the range spots. That price action has now brought about a tight choppy move around the $9 lower range spot.
The Bollinger Bands are of more bent towards the south than the 50-day SMA trading indicator’s posture on the chart. The market’s downward movements are most likely going to continue having a better stay in this trade. The Stochastic Oscillators are now attempting to cross a bit below range 40.
The XZC/USD market is now consolidating around the lower range spot and could allow the bears to overweigh several up rise attempts further. That as well is safely achievable if the bulls continue to succumb to selling pressure around the $10 upper range.
XZC/USD Short-term Trend: Bearish
On the second form of a 1-hour candlestick today, the XZC/USD market experienced a spike that has only been reversed into a bearish trend after a couple of hours until the present. Yesterday’s sessions witnessed a line of choppy price movements around $9 mark. Before its current trading point at around $8.99, the pair has seen a high value at around $9.31 point.
The 50-day SMA has slightly intercepted the Bollinger Middle Band from the top. The Stochastic Oscillators have crossed the hairs to point towards the south at range 60.
The XZC/USD market sellers appear to have a better chance of the market control at the expense of the buyers’ inactive approach towards the crypto’s value.
Live Zcoin (XZC) Price:
1 XZC/USD =$4.4786 change ~ -1.57%
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