Zcoin Price Prediction Today: Daily (XZC) Value Forecast – June 13

  • On the upside, if the support of the EMAs holds, the crypto's price will rise and retest the overhead resistance.
  • On the downside, if the bears break below the EMAs, the price of Zcoin will reach a low of $10.

XZC/USD Medium-term Trend: Bullish

  • Resistance Levels: $12.0, $13.0 $14.0
  • Support levels: $11.0, $10., $9.0

Yesterday, June 12, the price of Zcoin was in a bullish trend. On June 12 the price of Zcoin reached the $14 overhead resistance but the bulls were resisted. The price fell as the market made a downward correction to the support of the 12-day EMA. Again the bulls made an upward move to retest the $14 overhead resistance.

The price fell again to the support of the 12-day EMA. The bottom line is that is the price going to hold above the 12-day EMA and the 26-day EMA? On the downside, if the bears break below the EMAs, the price of Zcoin will reach a low of $10. On the upside, if the support of the EMAs holds, the crypto's price will rise and retest the overhead resistance.

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

XZC/USD Short-term Trend: Bullish

On the 1-hour chart, the XZC price was in a bullish trend. The crypto's price reached a high of $14 overhead resistance. Each time the bulls tests the overhead resistance the price will fall to the support of the EMAs. Later they will resume retesting the overhead resistance. This has been the scenario. Meanwhile, the price of Zcoin is in the oversold region of the daily stochastic but below the 20% range. This indicates that price is in the bearish momentum and a sell signal.

Live Zcoin (XZC) Price:

1 XZC/USD =$3.9069 change ~ 1.84%

Coin Market Cap

$42.95 Million

24 Hour Volume

$1.23 Million

24 Hour VWAP

$4

24 Hour Change

$0.0720

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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