- ZRX trades at $0.369 after a day of gradual decline in value
- The short-term trend shows a bearish outlook
- The next support point may come by $0.35
0x token has been under bearish pressure over the last 24 hours. Yesterday, it was trading around $0.394 in the beginning hour, and for the whole day, it showed a gradual fall. It ended the day around $0.390. From there, the ZRX price marked a steep fall to $0.357. However, the currency didn’t stay at this level for long and registered a moderate improvement from there. It was hovering around $0.371 minutes before penning down the article.
At the time of writing, the price of 0x token stands at $0.369, and its MACD now shows a bearish outlook. As per the current price trend and technicals, the next halt for ZRX token may come by the support point of $0.350. However, the recent surge in Bitcoin price might help the token to recovery slightly.