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Ox Protocol (ZRXUSD) Price Forecast: September 3
The ZRXUSD pair is rising steadily, gaining value and capturing attention as it keeps to its bullish race, signaling potential gains amidst market optimism. The cryptocurrency is showing positive signs above the supply value of $0.263. Its upward movements could continue to reach a high level of $0.315, demonstrating the currency’s remarkable rally, if coin holders prove harder and the price shows sustainability above the $0.311 prior high value, reflecting the coin’s impressive rally.
Key Levels:
Resistance Levels: $0.282, $0.283, $0.284
Support Levels: $0.213, $0.212, $0.211
ZRX (USD) Long-term Trend: Bullish (Daily Chart)
As the pair keeps moving upward and shows a positive long-term outlook, ZRXUSD buyers are optimistic about reaching higher levels.
When writing, the Ox Protocol buyers drive the coin momentum to a supply level of $0.283 above the EMA-50 today as the journey up north continues.
The ZRXUSD pair is currently witnessing a strong rally by the bulls. If the bullish turnaround breaks above the $0.309 high level, buyers could strengthen their grip over the asset, and the bullish race might reach the overhead resistance level.
Meanwhile, the market price of Ox Protocol is pointing up on the daily stochastic, implying that the bulls may continue to maintain their bullish momentum.
Hence, the expected upside in the coin price could be high, reaching a value of $0.315 in its long-term outlook.
ZRX (USD) Medium-term Trend: Bullish (4H Chart)
The coin price is gaining traction and remains bullish in its medium-term outlook. Furthermore, the ZRXUSD pair is trending above the 50-day moving average, approaching the upper resistance, suggesting a bullish trend.
Today, the Ox Protocol market is showing promising signs of recovery as the price maintains its bullish rally and remains pressured at the $0.281 resistance level, indicating a significant upward sprint.
The market has recently experienced a price surge.. Hence, the coin price might break its previous high of $0.291 if further bearish pressure is exerted.
Additionally, further jumps are likely as the coin price continues its positive trend. In light of this, the $0.310 upper resistance level might be the target in the days ahead.
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