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ZRX at an all-time low but hold your horsesZRX has recently set a new all-time low against Bitcoin. Last time this happened in September 2019 after months of sales against Bitcoin, which back then just ended a short-lived bull run. Soon after that low, ZRX bounced up by +40% a week. So now many traders are curious if this setup would happen again. We’ve asked the following question on the Cindicator platform: The cryptocurrency 0x (ZRX/BTC) settled at 0.00001298 BTC at 10:25 AM UTC at the binance exchange on Monday, January 11. In your opinion, will ZRX/BTC trade above 0.00001623 BTC (+25.0%) at any time before January 25? Hybrid Intelligence (148,000+ analysts +AI) voted, producing this result: 48.58% This means uncertainty is very high. There is about a 50% chance of ZRX going up +25% against BTC over next week. Of course, there is the same chance of this NOT happening… It’s best to avoid entering positions now and keep watching what BTC will do: a continued sell-off might drag ZRX even lower.
by Cindicator
4
0x (ZRX) - January 1Happy New Year!!! Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We have to see if we can go up along the uptrend line. You should watch for any movement that deviates from the 0.3260-0.4490 segment. If it falls from the 0.3260 point, a Stop Loss is required to preserve profit and loss. If it moves sideways between 0.3260-0.4490, it is expected to create a larger wave with the stored force. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
0x (ZRX) Price Prediction 2020-20252020 As the third version of the 0x protocol gets deployed, ZRX is going to get a little further in terms of price. The tech upgrade may bring new investors. In the situation when the traditional money appears to be weaker than cryptocurrencies, the functionality of fast, cheap, and private crypto exchange (that's exactly what 0x provides) might bring more users to the platform. According to experts, the main impact of the pandemic will be seen in the fall of 2020. The summer might be a time of fiat money market recovery and the bearish period for the cryptocurrency sector. In the fall the cryptocurrency market will grow up. As 0x has no serious issues, the price of ZRX might reach from $0.8 to $1. 2023 As the post-pandemic crisis will affect many spheres and probably will be one of the worst in decades, cryptocurrencies will keep on growing for the entire 2021 and probably 2022. By 2023 the growth of prices will get slower because the world economy will recover (at least to some extent) by that time. Nevertheless, such a platform as 0x won't lose a dime of its value. Quite the opposite, the platform will be integrated into partners' services and will get more notable. If the development keeps on going as actively as now, by the end of 2023 the price will reach $1.4 at worst. 2025 It is hard to predict the price of ZRX for such a distant date, so let's just note that all the time, the 0x team was doing a great job and if they manage to keep their power, the price may finally reach its all-time high level again and even go further and get to new heights reaching $2.8 or even more.
COINBASE:ZRXUSD
by crypt0geek_info
1
ZRX/BTCZRX/ BTC near support line of uptrend channel also we can see a horizontal support zone 0x (ZRX) is an open-source protocol that provides smart contract infrastructure and liquidity to enable the peer-to-peer exchange of tokens on the Ethereum blockchain. ZRX is the token that allows 0x users to vote on Improvement Proposals that evolve the system over time. ZRX token holders can also delegate ZRX to market maker staking pools to earn protocol liquidity rewards (in ETH). ZRX : Token, Platform, Decentralized exchange, DeFi, Substrate, Polkadot Best regards EXCAVO
Long
by EXCAVO
16
Yearn cooling offRight now Yearn is dipping below the ema and can't hold it. So here are some support lines we can look towards -27660.77-24679.44: 27660.77 held up as support, so a retest wouldn't be a bad idea for healthy growth. 24679.44 is a little worry sum since it never stayed long enough to build support and just rocket up. -Red zones or correction zones would be 19579.82, which is a 50% correction from the highs and 10307.52 for 80% for bubble correction. 14862.68 would be a conserative buy in. -Now if we do break above the ema and hold first target is 32377.46, then 34113.74, and finally if it passes that we looking towards breaking its ath at 39680.84. -RSI looking like its about to dump to oversold -MACD looks like a dump is coming and its the end of the upward move -I do give it a Short/neutral since it looks like its about to pop up, yet on the microlevel its pretty bearish. So proceed with caution and don't get hype up. I wouldn't actually use this project and just store it on trustwallet if it supports or just leave it on binance, unless you know alot about the project and team. Final thoughts Not trading it, but fun and trying to give buy in opportunity. Just like Pokadot, I know nothing about these defi stocks and seem very risky. Safe play and can never go wrong is with 0x, which is a middle man protocol that most of these projects need.
Short
by nathanielx9