Coin of the day is ZRX(0x).
Continue to follow ZRX July uptrend.
To recap, 0x(ZRX) is an ERC20 based protocol designed to offer a decentralized exchange as part of the Ethereum blockchain. The main idea of 0x creators Will Warren and Amir Bandeali was that any use case that involves an exchange of different assets could eventually be built using 0x.
Latest news
0x team are planning to release 0x v2 in the late July.
Technicals
Starting from the 0.0001 level, ZRXBTC is drawing a bullish pattern, continuing a global bullish tendency with the third wave of growth. Recently the price broke above the 100-days EMA and fixed this breakthrough by holding itself above the 0.00015 level. By crossing above the 0.00015 ZRXBTC is passing to the last 26% Fibonacci zone before previous price peak. For now, the pair will probably go into a lateral movement after the 0.00015 breakthrough. The 0.00016 level will be the next step on the way up in case if the price will find support in the lead of the 0x v2 release. 0.00015 level should stay supportive for the current bullish tendency.
Continue to follow ZRX July uptrend.
To recap, 0x(ZRX) is an ERC20 based protocol designed to offer a decentralized exchange as part of the Ethereum blockchain. The main idea of 0x creators Will Warren and Amir Bandeali was that any use case that involves an exchange of different assets could eventually be built using 0x.
Latest news
0x team are planning to release 0x v2 in the late July.
Technicals
Starting from the 0.0001 level, ZRXBTC is drawing a bullish pattern, continuing a global bullish tendency with the third wave of growth. Recently the price broke above the 100-days EMA and fixed this breakthrough by holding itself above the 0.00015 level. By crossing above the 0.00015 ZRXBTC is passing to the last 26% Fibonacci zone before previous price peak. For now, the pair will probably go into a lateral movement after the 0.00015 breakthrough. The 0.00016 level will be the next step on the way up in case if the price will find support in the lead of the 0x v2 release. 0.00015 level should stay supportive for the current bullish tendency.
