0x Price Prediction for Today, October 13

0x Price Prediction for Today, October 13 – ZRX Technical Analysis

Updated: 13 October 2023

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The 0x price prediction shows that ZRX hovers above the 9-day and 21-day moving averages as the coin touches the daily high at $0.20.

0x Price Prediction Statistics Data:

0x price now – $0.19
0x market cap – $164.1 million
0x circulating supply – 847.4 million
0x total supply – 1 billion
0x Coinmarketcap ranking – #142

ZRX/USD Market

Key Levels:

Resistance levels: $0.24, $0.25, $0.26

Support levels: $0.15, $0.14, $0.13

0x Price Prediction for Today, October 13 – ZRX Technical Analysis — ZRXUSD – Daily Chart

ZRX/USD is changing hands at $0.193, down from the recent high of $0.204. The coin is moving synchronously above the 9-day and 21-day moving averages on the market. However, the 0x price is mainly influenced by speculative sentiment and technical factors, while fundamental developments remain in the shadows.

0x Price Prediction: 0x (ZRX) May Move Sideways

The 0x price remains above the 9-day and 21-day moving averages as bulls are yet to hold the ground. Therefore, any bearish movement within the market may bring the coin below the moving averages with the next local support at $0.18. This level is likely to limit the correction and serve as a jumping-off ground for another bullish wave.

However, the sell-off is likely to gain traction with the next focus on $0.15, $0.14, and $0.13 support levels. Meanwhile, on the upside, the initial resistance could be created above the upper boundary of the channel at $0.22. Traders may need to see a sustainable move above this barrier to test the resistance level of $0.23. The further bullish movement could touch the $0.24, $0.25, and $0.26 resistance levels.

ZRX/BTC Trades Bullishly

Against Bitcoin, the 0x price continues to be range-bound, as the coin heads toward the upper boundary of the channel. The bulls may need to keep the market above the moving averages as the 9-day MA moves to cross above the 21-day MA. However, any bearish movement below the lower boundary of the channel could locate the support level at 620 SAT and below.

Nonetheless, if the bulls strengthen and power the market, it may likely be above the upper boundary of the channel which could find the potential resistance level at 800 SAT and above. Meanwhile, at the time of writing, the 0x price is currently changing hands to 723 SAT and a spike in volatility may occur.

0x Alternatives

The 0x price is currently recovering above $0.191 and it is likely to climb above $0.204 soon. The 0x price is currently hovering above the 9-day and 21-day moving averages as bulls are dominating the market. Meanwhile, the red line of the 9-day MA must remain above the green line of the 21-day MA to confirm that the bulls are here for business.

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