Zksync Price Forecast – ZKUSD Buyers Accelerate Bullish Momentum

Zksync Price Forecast – December 23

The Zksync price forecast indicates that buyers are intensifying their efforts, driving the price toward the $0.23520 significant level.

ZKUSD Long Term Trend: Bullish (Daily Chart)
Key Levels

Support Levels: $0.15570, $0.20000
Resistance Levels: $0.23520, $0.27300
ZKUSD began the month with a strong bullish rally, reaching as high as $0.27300 before sellers pushed the market down to $0.15570. However, buyers have since regained momentum, steadily driving the price back toward the $0.23520 resistance zone.

Zksync Price Forecast – ZKUSD Outlook

The Momentum indicator on the daily chart signals a shift toward bullish sentiment, suggesting buyers are ready to propel the market higher. However, the Parabolic SAR (Stop and Reverse) indicator has not yet confirmed a full trend reversal, as its dots remain below the price action.

If buyers sustain their momentum, ZKUSD could break through the $0.23520 resistance level and target the $0.27300 significant zone in the days ahead. Maintaining this bullish pressure will be crucial for overcoming resistance and achieving further gains.

However, until the Parabolic SAR fully aligns with the bullish movement, caution is advised as sellers might attempt to re-enter the market. Defending the $0.20000 support level will be vital for the bulls to maintain their dominance.

ZKsync Medium Term Trend: Bullish (4-Hour Chart)

On the 4-hour chart, bullish sentiment is strengthening rapidly as buyers respond with significant momentum. Both the Momentum indicator and the Parabolic SAR confirm the prevailing bullish trend, highlighting potential for further upward movement.
If the current bullish pressure continues, ZKUSD could advance toward $0.24000 in the short term. However, if the momentum falters, the price may experience a minor pullback to retest support at $0.21500 before resuming its upward trajectory. Traders leveraging crypto signals can monitor these movements closely to navigate potential market opportunities.

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