ZRX 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.
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.
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.