ZRX has bounced from expected supports into resistance. The two immediate resistance zones will be tough to breach. Expecting a mild pull back before another attempt to pierce.
It feels like the ZRX becomes a dead coin... there are pracitcally no volumes involved anymore and hodlers just don't give up their money to not waste it.
EuroMotif
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@cryptovol19, Sadly, yes :( It does seem it has faded away.
I think people are still chasing the "next bitcoin",
so every new coin seems to get a "run" or two,
but once it fails to gain xxxx thousand percent,
it gets abandoned for the "next contender".
Or so it seems that way, as many older Alts with good projects have been trashed monetarily.
cryptovol19
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@EuroMotif, I have 900 EUR left on ZRX from wich 400 EUR have real monetary value at current market price. I've had a lot of faith in the project for month but I have sold a lot as well. The only remaining chunk is this 900 EUR. I am sad to see the low volumes and the lack of interest for purchasing the coin. To be honest, I will not buy anymore at all, even though the price is like a "buy price". I'd rather lose my 900 EUR straight away, than to cash out 500 EUR in loss. Anyhow, BTC moves all altc, so once BTC pumps, ZRX will pump as well just as all other alt coins. But you are right, a lot of alt are disappearing making the market for alts actually not attractive anymore UNLESS there is a stellar idea behind, but besides XRP, I don't see any.