Technical Analysis
ZRX/USD has completed a 5 Elliot wave structure followed by a A-B-C correction structure. This entire play completes Wave 1 and Wave 2 respectively in the broader structure of ZRX/USD.
ZRX/USD has now started Wave 3 of the broader structure and poses a good risk reward in the long term.
Fundamental Analysis
Earlier this year before its Coinbase NFT marketplace partnership, 0x Labs rolled out a set of NFT swap features, which enable users to exchange digital collectibles across multiple blockchains such as Ethereum, Polygon, Fantom, Avalanche, Optimism, BNB Chain, and Celo. The team claims their offering is roughly 50% cheaper than trading on leading NFT marketplaces like OpenSea and LooksRare.
ZRX/USD has completed a 5 Elliot wave structure followed by a A-B-C correction structure. This entire play completes Wave 1 and Wave 2 respectively in the broader structure of ZRX/USD.
ZRX/USD has now started Wave 3 of the broader structure and poses a good risk reward in the long term.
Fundamental Analysis
Earlier this year before its Coinbase NFT marketplace partnership, 0x Labs rolled out a set of NFT swap features, which enable users to exchange digital collectibles across multiple blockchains such as Ethereum, Polygon, Fantom, Avalanche, Optimism, BNB Chain, and Celo. The team claims their offering is roughly 50% cheaper than trading on leading NFT marketplaces like OpenSea and LooksRare.
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.