ZRXUSD Price Analysis
0x(ZRX) has been contributing strong enough in developing the protocol and has come up additional products like instant purchasing on any website or app.
It has been confirmed as well that it will be listed on the Coinbase exchange but since then it has fallen 70%+ in price.
Bullish
In mid-December it has seen surge in price(45+%) and has tested the first resistance with dropping to the support level recently.
It needs to hold this support level(green bar) for some bullish action in the coming days/weeks.
If the manages to break the first resistance level ($0.35-$0.38)then some positive(upward) movement is possible in the near future.
Bearish
If the current support level i.e. $0.025-$0.28 doesn't hold then it would be bad news for the bulls and we might see price below <$0.1 soon.
It has been confirmed as well that it will be listed on the Coinbase exchange but since then it has fallen 70%+ in price.
Bullish
In mid-December it has seen surge in price(45+%) and has tested the first resistance with dropping to the support level recently.
It needs to hold this support level(green bar) for some bullish action in the coming days/weeks.
If the manages to break the first resistance level ($0.35-$0.38)then some positive(upward) movement is possible in the near future.
Bearish
If the current support level i.e. $0.025-$0.28 doesn't hold then it would be bad news for the bulls and we might see price below <$0.1 soon.
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