As the third version of the 0x protocol gets deployed, ZRX is going to get a little further in terms of price. The tech upgrade may bring new investors. In the situation when the traditional money appears to be weaker than cryptocurrencies, the functionality of fast, cheap, and private crypto exchange (that's exactly what 0x provides) might bring more users...
i can recommend this setup for ZRX long:
ENTRY: between 0.3750 - 0.3820
don't enter with high leverage..i will enter with 10x-15x maybe
higher leverage means -> possible liquidity so trust me..
0x - Short term - We look to Buy
Offers ample risk/reward to buy at the market.
A higher correction is expected.
We look to buy dips.
We are trading at oversold extremes.
Price action looks to be forming a bottom.
RSI looks to be forming a bottom.
Resistance: 0.3500 / 0.3650 / 0.3800
Support: 0.3400 / 0.3360 / 0.3300
camarilla + CPR. this one is secretly getting bullish despite its looks. it actually doesn't have much resistance here. The cloud is flipping to green above. The price + RSI starts making high lows very quietly. and its weekly and monthly pivot both are untested which usually doesn't remain that way
ZRXBTC is now breacking bullish after a higher low.
This pair here is looking really good and has lots of potential for additional growth
We have increasing volume while pries move back above EMA10, EMA50 where EMA 100 held support perfectly.
ZRX/ BTC near support line of uptrend channel also we can see a horizontal support zone
0x (ZRX) is an open-source protocol that provides smart contract infrastructure and liquidity to enable the peer-to-peer exchange of tokens on the Ethereum blockchain. ZRX is the token that allows 0x users to vote on Improvement Proposals that evolve the system over time. ZRX...
Right now Yearn is dipping below the ema and can't hold it. So here are some support lines we can look towards
-27660.77-24679.44: 27660.77 held up as support, so a retest wouldn't be a bad idea for healthy growth. 24679.44 is a little worry sum since it never stayed long enough to build support and just rocket up.
-Red zones or correction zones would be 19579.82,...
No legnthy dissertation or oped on this one...I"m too exhausted.
TIMEFRAME: LONG; so have some patience on this one.
When all is said & done we're looking upwards to a 29.47% price pump before consolidation.*
Everything you guys need to know is on the chart.
Please defer to related links below for other entry suggestions & information also applicable...
ZRX has started showing buyer interest on the weekly. It has slowly made it's way above key S/R level on the weekly, which hints towards hidden buying momentum.
Once it has done the retest of 4710 sats on the weekly chart, it should be ready to go to new weekly highs.
I recommend entering a long position in the idea that the ultimate goal is to replace cash in society if you're an investor. As per Bitcoin cash's ultimate goal to achieve 'mankind scale, 50 transactions a day for 10 billion humans',
coins such as Litecoin, Bitcoin, Bitcoin Cash hold massive potential.
Kyber and 0x are not very applicable in this area, however it...