ZCOIN Price Prediction Today: Daily (XZC) Value Forecast – July 8
- All the trading indicators now trend towards east around ranges of $12 and $11 price lines, and the XZC/USD market is hovering around the upper zone.
- The XZC/USD market bears may potentially drive down the market to a low between two market points at $11.50 and $11.
XZC/USD Medium-term Trend: Ranging
- Resistance levels: $13, $14, $15
- Support levels: $10, $9, $8
There has been a flat moving-trend in the market valuation of XZC/USD in the last couple of days until now. There were series of lower lows in the market between July 4 and some early trading hours of its third day. In the progression of the third trading sessions; July 6, the pair eventually sprang slightly northwards to encounter resistance near below a market level at $13 point.
All the trading indicators now trend towards east around ranges of $12 and $11 price lines. The Stochastic Oscillators have closed the hairs at range 40 pointing to the east.
Apparently, the XZC/USD market may still not attract much difference from the two market-movers, i.e. the bulls and the bears in near time. However, traders may be on the lookout for a possible notable upswing from the lower end of the ranging market.
XZC/USD Short-term Trend: Ranging
The short-term market run of XZC/USD has been on showing different small ups and downs around $12 and $11.50 price levels today. As at the time of writing, the pair looks getting weaker after it had a slight push over the $12 high point of the market.
The Bollinger Lower Band is a bit located below the $11.50 mark while the other trading indicators are in the space of the two price lines mentioned. The Stochastic Oscillators have briefly crossed at range 60. And, they point south.
The bears may potentially drive down the market to a low between two market points at $11.50 and $11. After then, the bulls will be expected to make a re-launch of their foundation around those trading zones.
Live Zcoin (XZC) Price:
1 XZC/USD =$4.4636 change ~ -2.04%
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