ZCOIN Price Prediction Today: Daily (XZC) Value Forecast – June 10
- The bulls have taken the lead in the market operations of XZC/USD after a chain of range price movements.
- Traders need to be cautious of placing further position in the XZC/USD market.
XZC/USD Medium-term Trend: Bullish
- Resistance levels: $12, $13, $14
- Support levels: $7, $6, $5
XZC/USD market had once traded in a range between June 8 and 9 over the trend-line of the 50-day SMA indicator. The Bollinger Upper and Middle Bands still seemingly lie to suggest the market’s price movements to be more on the upswing.
The 50-day SMA and the Bollinger Lower Band are closely located a bit above $7 point to now firmly show it as a strong immediate support level of the market. The Stochastic Oscillators now seems to be making an attempt of moving into the overbought zone.
The US dollar price worth is now less in value. Therefore, the bulls may always be in the run of the crypto-market especially within the buying wall formation at $10 and $7 market levels.
XZC/USD Short-term Trend: Bullish
Buying pressure spree has been prevailing in the XZC/USD market operations since the trading commences today in the short-term run. Yesterday’s trading sessions saw a significant range of market movement.
The Bollinger Middle Band and the 50-day SMA indicator are located at a close range point around $8 mark on the 1-hour chart. The Stochastic Oscillators are now dipped into the overbought zone to consolidate within it.
The XZC/USD trade’s valuation has now once reached one of its peak points as it still averages $10 mark in the short-term outlook. As a result, there would now be the need to exercise some levels of cautiousness while placing a position.
Live Zcoin (XZC) Price:
1 XZC/USD =$4.4838 change ~ -0.80%
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