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0x Price Prediction for Today, November 24: ZRX/USD Price Settles above $0.2 Level


0x Price Prediction for Today, November 24: ZRX/USD Price Settles above $0.2 Level

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0x Price Prediction for Today, November 24: ZRX/USD Price Settles above $0.2 Level

After a failed attempt to recover the bullish price on November 10, the 0x market went into a period of price consolidation. However, the buyers were back at the $0.2 price level on November 23 which was a major resistance level for the bulls market. And as the volume of trade increases in today’s market, the resistance level was conquered.

0x Market Price Statistic:

  • ZRX/USD price now: $0.208
  • ZRX/USD market cap: $168,614,500
  • ZRX/USD circulating supply:847,496,054.80
  • ZRX/USD total supply: 1,000,000,000
  • ZRX/USD coin market ranking: #133

Key Levels

  • Resistance: $0.25, $0.30, $0.35
  • Support: $0.15, $0.10, $0.05

0x Market Price Analysis: The Indicators’ Point of View

The upper band and the lower band of the Bollinger indicator, in response to the bullish move, now converge as the price now assumes a position in the midpoint of the indicator. According to the MACD, although we now a have bullish crossover below the zero level of the indicator, the outlook of the MACD line suggests that the momentum is not too strong. 

0x Price Prediction for Today, November 24: ZRX/USD Price Settles above $0.2 Level

ZRX/USD 4-Hour Chart Outlook

The trading sessions so far in today’s market have been bullish. But in the third session, the spike in the trading volume results in a volatile market. The bull market reached a $0.22 price level but almost lost the bullish price to the bears due to the increasing volatility. Yet, the Bollinger holds a bullish price sentiment as the upper band and the moving average now move in an upward direction.

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