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CryptalDash
Jan 9, 2019 11:28 AM

0X Looking Pretty... Will it hold the support? 

0x / BitcoinBinance

Description

ZRX/BTC found strong support at 8k satoshis area, which has been rejected multiple times. Whether it means a trend reversal or just a correction is yet to be seen. However, the RSI produced a bullish divergence suggesting upcoming wave up.

The resistance is seen at 10k satoshis area, that is a 40% growth potential over the Bitcoin. But, the recent low at 7789 satoshis should be watched for a break below. Daily close below that level might confirm further downtrend and bears will take over 0X once again.

All-in-all it is worth watching the price action of the ZRX/BTC in the coming weeks, which could be surprisingly interesting.
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