1 ZEN coin has just broken a major supply zone. 2 The immediate resistance is near for the ZEN coin. 3 The 2027 price prediction shows that the coin may reach near its 2021 levels. The Horizen coin (ZEN) experienced a significant drop in January when it broke an important support...
- 1 ZEN coin has just broken a major supply zone.
- 2 The immediate resistance is near for the ZEN coin.
- 3 The 2027 price prediction shows that the coin may reach near its 2021 levels.
The Horizen coin (ZEN) experienced a significant drop in January when it broke an important support level. Despite attempts by the bulls to regain control, the downward pressure was too strong, leading to a year-long downtrend and the investors exited from the market.
Currently, ZEN is trading at $12.4 and has managed to reclaim its support level of $7.08, which occurred in mid-October. However, the coin is currently at a critical point as the downtrend line is closing in. This must be broken by the ZEN bulls by achieving a higher low above this line. The immediate resistance level for the current price action is at $13.8.
ZEN Price Prediction 2024-2027
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) | Growth in % | Volatility change |
| 2024 | 10.84 | $15.18 | 19.51 | 57.34% | 57% |
| 2025 | 18.82 | $25.59 | 32.36 | 65.86% | 172% |
| 2026 | 33.05 | $39.04 | 45.02 | 39.12% | 136% |
| 2027 | 39.23 | $49.85 | 60.47 | 34.32% | 154% |
ZEN Price Prediction 2024
According to the weekly chart pattern, there is a projection that the ZEN coin price might show high volatility in 2024 and rise to $19.51. It is expected to have an average price of approximately $15.18 with a possible low of $10.84.
ZEN Price Prediction 2025
As per the analysis of crypto experts, there are predictions that ZEN’s value will achieve a new peak of $32.36 in the year 2025. The cryptocurrency might witness a substantial increase of 65.86% from the highest point of the preceding year. Additionally, the volatility is estimated to be medium-high during that year. The expected minimum value of ZEN is $18.82, while the average price is forecasted to be around $25.59.
ZEN Price Prediction 2026
As per the technical analysis and price prediction, experts have estimated that the value of the ZEN coin could potentially reach $45.02 by the year 2026. The average estimated price is projected to be around $39.04, with a possible low of $33.05. Additionally, the volatility is expected to be around 136%.
ZEN Price Prediction 2027
In 2027, the demand for the Horizen’s vast network of blockchains powered by the largest node system will rise. This will drive the price further, making a growth of 34.32% in the year. The potential high is predicted to be $60.47 while the lowest point could be $39.23.
Conclusion
The Horizen coin (ZEN) has just broken its downtrend. In 2024, the coin is expected to experience high volatility, while by the time 2027 comes, the coin is expected to be in an uptrend.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.