Zcoin Price Prediction Today: Daily (XZC) Value Forecast – July 30

  • On the upside, if the bulls break above the EMAs, the crypto's price will rise and retest the $13.50 resistance level.
  • On the downside, if the crypto's price fall, it will revisit the previous low at $8.0 price level.

XZC/USD Medium-term Trend: Ranging

  • Resistance Levels: $12.0, $13.0 $14.0
  • Support levels: $8.0, $7., $6.0

Yesterday, July 29, the price of Zcoin was in a range bound move below the 12-day EMA and the 26-day EMA. The market has continued to range below the EMAs with the appearance of small body candlesticks. However, the crypto's price is characterized by small body candlestick like the Doji and Spinning tops which described the indecision between the buyers and sellers at the current market price.

The price will continue to range below the EMAs as long as the small body candlestick dominate the chart. On the upside, if the bulls break above the EMAs, the crypto's price will rise and retest the $13.50 resistance level. On the downside, if the crypto's price falls, it will revisit the previous low at $8.0 price level. Meanwhile, the price of Zcoin is in the oversold region of the daily stochastic but above the 40% range. This indicates that price is in the bullish momentum and a buy signal.

 XZC/USD Short-term Trend: Ranging

On the 1-hour chart, the XZC price was in a sideways trend. The 12-day EMA and the 26-day EMA were sloping horizontally indicating that price is in a sideways trend.  On July 27, the price fell to a low of $8.90 and commenced a range bound move  below and above the  EMAs.

Meanwhile, the price of Zcoin is in the overbought region of the daily stochastic but above the 80% range. This indicates that price is in the bullish momentum and a buy signal.

Live Zcoin (XZC) Price:

1 XZC/USD =$3.8742 change ~ -1.00%

Coin Market Cap

$42.59 Million

24 Hour Volume

$1.46 Million

24 Hour VWAP

$4

24 Hour Change

$-0.0389

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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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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