Now, this coin has broken its all-time low and currently at the price zone when this token was distributed.
It is more than 93% down and if Bitcoin dominance increase this could be the worst performer coin.
ZRX doesn't look the greatest right now but it could very well be forming a double bottom here near the lows
Sitting right at support, a strong move away from this demand zone could spell some very nice upside in the coming weeks
A break to new lows could spell problems and the trade would be cut
Who is ready for another altcoin ready to start popping off?
Today we will be discussing ZRX because this is one that's painting a perfect market cycle.
There are a couple key factors I look for when accumulating a market cycle.. I want to see new money entering the market indicated by volume, along with a breakout of the previous down trending...
Weekly indicators showing that ZRX could be at bottom, it can turn bullish at any time.
Monthly Trend on Binance showing that it can go down a bit more but it worth a try.
Buy now 6300-6400 but don't go full, keep juice for a rebuy in case of.
Rebuy 5300 if it drops.
Sell around 7900-8300 ( don't greedy )
Don't forget to keep an eye on BTC.
Happy Tr4Ding !
$ZRX is reaching first buying zone however it's still possible that price can go to the second green box and it would be also a great time to buy.
$ZRX is one of the top project in the space with active dev team and great community support.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
If we see a potential Coinbase listing expect ZRX to be pumped/manipulated to around $1-$1.10
Natural process would be a break of the second counter trendline would make me bullish toward ZRX reaching $1. However, we currently have 3 daily rejections of this counter trendline which suggest to me drop is coming.
Obviously BTC is king and is currently dictating...
For those that were fortunate enough to read the exclusive news release attesting to the fact that Coinbase has officially added $ZRX into its API, you’ll probably be anticipating a price analysis on what’s going on.
"Is it going to pump from here?"
"Are the gains already priced in for $ZRX at this point?"
"What is the maximum R/R for this trade if I enter...
we know this thing loves huge spikes and the next run will be just as insane as the rest.
the box on the chart is the target just be wary of bitcoin dumps and if it does shoot for the lowest entry possible.
Please look at the pic on the Coinbase wallet website.
Do you see what I see... 0x and BAT
I know that they talked about "exploring the addition of several new assets": Cardano/ADA, Basic attention token/BAT, Stellar/XLM, Zcash/ZEC and 0x/ZRX.
But their new wallet website shows in the main picture the logos for 0x and BAT.
A wallet that gives you access to...