Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
0x’s price action remains determined to achieve its upside target after experiencing a considerable gain today. However, bears have pushed back and caused prices to retract to lower levels. Despite these fluctuations, price action maintains a favorable position against headwinds.
Key ZRX Statistics:
Current 0x Protocol Value: $0.2330
0x Protocol Market Cap: $202,060,680
Circulating Supply of ZRX: 847,496,055
Total Supply of ZRX: 1,000,000,000
0X Protocol CoinMarketCap Ranking: 130
Key Price Levels:
Resistance: $0.2330, $0.2400, and $0.2500
Support: $0.2300, $0.2200, and $0.2100
0x Protocol Maintains Trading Above the $0.2300 Price Level
After testing the resistance near the $0.2600 mark in the ZRX daily market, a noticeable downward correction occurred, causing prices to fall below the $0.2400 threshold. Nevertheless, trading continues to take place above the 61.80% Fibonacci Retracement level.
Consequently, trading remains above the 21-day Moving Average (MA) line. Furthermore, the Relative Strength Index (RSI) indicator indicates that upside forces are still active and are likely to trigger further upward corrections in this market. This is evident as both the leading and lagging lines of the indicator continue to rise steadily into the overbought zone.
ZRX Maintains a Favorable Position Despite Setbacks
A closer look at the 0x token’s 4-hour market reveals that more buyers have been entering short positions in the past two trading sessions. The last two red-price candles on the chart confirm this. Additionally, a sideways crossover can be observed on the RSI indicator.
However, the token’s price action remains significantly above the MA line, suggesting that buyers may resume placing long trades, particularly above the $0.2200 price threshold. Consequently, this may lead the token to resume its upward correction towards the $0.2600 price mark.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
