0x Price Prediction for Today, March 19: ZRX/USD Spikes Above $0.25 Level

The 0x price prediction may likely settle above the moving averages as the Relative Strength Index (14) moves above the 50-level.

0x Prediction Statistics Data:

• 0x price now – $0.24
• 0x market cap – $209.1 million
• 0x circulating supply – 847.4 million
• 0x total supply – 1 billion
• 0x Coinmarketcap ranking – #158

ZRX/USD Market

Key Levels:

Resistance levels: $0.32, $0.34, $0.36

Support levels: $0.16, $0.14, $0.12

ZRX/USD could move to cross above the 9-day and 21-day moving averages within the channel. However, the cryptocurrency has been attempting to follow an uptrend, and should the buyers push it above the moving averages, the coin might head to the upside.

0x Price Prediction: What is the Next Direction for 0x?

The 0x price is hovering above the 9-day and 21-day moving averages and if the resistance of $0.25 gives way, the bull run may come to focus. At the moment, the bullish scenario seems more dominant as buyers continue to post firm commitments into the market. For the past few days, we could see a sharp rise in the market price. Moreover, if the coin moves near the upper boundary of the channel, this could further strengthen the market to $0.32, $0.34, and $0.36 resistance levels.

On the downside, a lower possible swing may likely retest the previous support below the moving averages. However, if the bears manage to fuel the market, traders may expect a further drop to $0.16, $0.14, and $0.12 support levels. On the other hand, the technical indicator Relative Strength Index (14) is now moving toward the 60-level, indicating that the market may retain the bullish trend.

Against Bitcoin, the 0x price remains below the 9-day and 21-day moving averages which may cross below the lower boundary of the channel. However, the buyers are expected to push the coin above the 9-day and 21-day moving averages so that the market price may end up closing on the upside.

Nevertheless, if the market price slides below the lower boundary of the channel, it could refresh lows under 856 SAT and a possible bearish continuation may likely meet the major support at 550 SAT and below while the buyers could push the coin to the potential resistance at 1200 SAT and above. Meanwhile, the technical indicator Relative Strength Index (14) is moving towards the north to give more bullish signals.

Alternatives to 0x

The daily chart reveals the 0x market is beefing up as the coin heads to the north from a lower trading spot. However, it is possible for the ZRX/USD market to push higher as it has just started beefing up, pushing toward the north direction. Nevertheless, Love Hate Inu (LHINU) is making waves in the market by introducing a novel concept that has never been explored before. As a meme coin, it works with a new concept called Vote-to-Earn (V2E), which gives you a voice on social issues and earns you money too. At the moment, LHINU tokens are in presale and almost $2m has been raised so far.