0x (ZRX) Price Prediction – Will ZRX Price Hit $2 Soon?
- Bullish ZRX price prediction ranges from $1.14 to $1.34.
- The ZRX price might also reach $2 soon.
- ZRX bearish market price prediction for 2022 is $0.45.
This 0x (ZRX) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into account upon coming up with our ZRX price analysis and prediction.
There are many cryptos that spiked to a new all-time during this 2021 bull run. In contrast, some crypto also faced a downtrend position. As a result, many crypto traders are worried about whether it is time to hold or sell their crypto. ZRX has been able to retain its all-time high price of $2.53 that was attained on January 9th, 2018 according to CoinMarketCap..
Nevertheless, the crypto market is consolidating lately, and many cryptocurrencies are losing their previous profits. Will ZRX experience the same price volatility? We’ll find out shortly in this ZRX price analysis 2022 article. But first, let’s have a look at what ZRX is.
What Is 0x (ZRX)?
ZRX is one of the active digital assets in the crypto market. Consequently, traders and investors are now closely monitoring the crypto. In addition, the ZRX network facilitates a decentralized exchange (DEX) for the increasing volume of ERC20 and ERC-721 assets. Hence, traders and investors can use DEX without the fear of any cyber threats.
Furthermore, the ZRX network provides game creators the ability to build marketplaces for non-fungible tokens (NFT). In this case, gamers holding NFT can easily buy, sell, and trade their tokens with 0x network’s help. Now that we have an idea about ZRX, do you think ZRX will be profitable crypto in 2022? Join me and let us see the charts in this ZRX price prediction.
0x (ZRX) Current Market Status
As of the time of writing this 0x technical analysis, ZRX trades at $0.97 with a 24-hour trading volume of $121,357,920. The price of ZRX has increased by 8.78% in the last 24-hours.
Furthermore, ZRX has a current circulating supply of 847,496,054.08 ZRX. Currently, the top crypto asset trading platforms for ZRX are Binance, Huobi Global , FTX, Bithumb, Gate.io, Bittrex, OKEx and Bitfinex.
Now, let’s proceed to the next part of this ZRX price analysis for 2022.
0x (ZRX) Price Analysis 2022
Currently, ZRX holds the 110th place on CoinMarketCap. But will the latest upgrades, developments, and changes in the ZRX blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this ZRX price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for ZRX/USDT, we can deduce that the price of ZRX might get bullish in some days since the price is consolidating at the middle of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 58.60. This shows that 0x (ZRX) is showing a strong trend since its RSI lies between 50 and 70. his value can trigger a bullish run if more buyers reposition as the value is moving towards the 70 RSI value which is the overbought region.
From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are within the recent candlesticks, there might be consolidation before a run which can either be bullish or bearish depending on the direction that crypto investors turn.
0x (ZRX) Price Prediction 2022
The chart below shows that ZRX has performed great over the past few days. Moreover, the ZRX price over 61.1% in the last 30 days. If this trend continues, ZRX might run along with the bulls, overtaking its $0.78 resistance1 level and reach higher to $1.34 resistance3 level, the 2022 bullish signal.
Conversely, if the investors turn against the crypto, the bears might take over and dethrone ZRX from its uptrend position. In simpler terms, the price of ZRX might drop to almost $0.45, a bearish signal.
Meanwhile, our long-term ZRX price prediction 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $2.53. However, it is impossible for ZRX to reach this level within this year.
0x (ZRX) Price Prediction 2022
If this bullish trend continues, ZRX will reach $1.34 by the end of 2022. Moreover, the first half of 2022 is going to show rapid growth, up to $1.14. Then the rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $2 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
0x (ZRX) Price Prediction 2023
If ZRX holds the support level around 200-MA which is the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $8, making it not plummet but play consistently.
0x (ZRX) Price Prediction 2024
As per the latest upgrades, developments, ZRX price prediction, and new project forecasts of the platform, ZRX investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of ZRX in the crypto market, and it will be the best investment as the price can spike and reach around $15.
0x (ZRX) Price Prediction 2025
In the next four years, ZRX prices could rise up to $25. More so, reaching this level could not be so difficult for ZRX as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that ZRX has a high possibility of reaching a new ATH soon in the next four years as per the prediction.
0x (ZRX) Price Prediction 2026
In the next five years, ZRX prices could rise up to $60. More so, reaching this level could not be so difficult for ZRX as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that ZRX has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
Conclusion
ZRX has a bright future ahead of it in 2022. With the ongoing developments happening within the ZRX ecosystem, as well as in the overall crypto market, we may see ZRX reach new heights.
Bullish ZRX price prediction 2022 is $1.34. As said above, it may even reach $2 if investors have decided that ZRX is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
ZRX is one of the active digital assets in the crypto market. Consequently, traders and investors are now closely monitoring the crypto. 0x’s native token is ZRX.
Users can obtain ZRX tokens by purchasing them from cryptocurrency exchanges such as Binance or Huobi Global.
ZRX is the best crypto asset to invest in 2022. Best of all, ZRX has a low possibility of surpassing its current ATH at about $2.53 this year.
Yes, it’s very much possible that ZRX might reach $2 in the near future as per the current bullish trend.
0x (ZRX) price is expected to reach $1.34 by 2022.
0x (ZRX) price is expected to reach $8 by 2023.
0x (ZRX) price is expected to reach $15 by 2024.
0x (ZRX) price is expected to reach $25 by 2025.
0x (ZRX) price is expected to reach $60 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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