Price Analysis

0x (ZRX) Shows a Steady Fall Over the Last 24 Hours

  • 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.

ZRX/USD Price Chart by TradingView

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.

Edward Scates

Edward Scates is an intern at CryptoMoonPress team. He has completed his bachelor's in finance. Writing and analyzing trends of crypto markets are his passion. Before joining our team, he was working as a freelance writer for some of the foremost publications. In additon to writing, he is disciplined trader of forex and crypto market.

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