LayerZero

The post <a href="https://coinpedia.org/price-analysis/zro-price-surges-50-for-3-breakout-teases-bull-run-to-10/" rel="noopener noreferrer nofollow">ZRO Price Surges 50% For $3 Breakout, Teases Bull Run To $10&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
LayerZero (ZRO) is an omnichannel interoperability protocol enabling secure and efficient message passing across blockchains. Its Ultra-Light Nodes (ULNs) act as smart contract endpoints on each chain, verifying transactions using block headers and proofs.&nbsp;
Supporting blockchains like Ethereum, BNB Chain, Avalanche, and non-EVM chains like Aptos, LayerZero facilitates direct, trustless communication between networks, paving the way for a multi-chain future.
With a bullish surge in the last three days, will the ZRO token price experience a bull run to the $10 psychological milestone?&nbsp;&nbsp;
<h2 class="wp-block-heading" id="h-layerzero-bull-run-begins">LayerZero Bull Run Begins</h2>
With a massive surge in the last three days, the ZRO token price undermines the initial downfall after its listing. As the LayerZero token surpasses the $3 mark, the valuations are up by 50% in three days.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdtZb_t9yvVziRT4gCSpV1WHkwUNE82OhtK9vajco2gT4k-iv2Yro60dLBe9mfMadUPsxVAgXSqrhRmyENJOjUN1cQXy1dyTFvbFjZ-KEPTv3rpFUGmK3NIMNehW4BirHk9XnscT40zMaspeJGT0C2jKvk?key=Onf7neekMpU2jq9b-zaktg" alt="">
</figure>
<a href="https://www.tradingview.com/x/zfvTY37O/" rel="noopener noreferrer nofollow">Tradingview</a>
The reversal rally forms a rounding bottom pattern in the 4H chart with a neckline at the $3 mark. The bullish breakout forms a morning star pattern at the broken neckline, reflecting a potential bull run ahead.&nbsp;
Currently, the ZRO token trades at a $3.835 price with an intraday gain of 1.51%, creating a fourth positive bullish candle in the daily chart. Hence, with the trend reversal and breakout rally, the ZRO price shows the immense underlying potential for a bull run.&nbsp;
Technical indicators:&nbsp;
MACD: With a bull run in motion, the MACD and signal lines are on a positive flow, reflecting a constant surge in demand.&nbsp;Hence, the momentum teases an uptrend continuation in the altcoin.
<h2 class="wp-block-heading" id="h-will-zro-price-hit-10">Will ZRO Price Hit $10?</h2>
With a bullish breakout, the ZRO price rally shows dominance above the $3 demand zone. As per the Fibonacci levels, the bull run can continue to the 1.618 Fibonacci level at the $4.438 mark. However, as the crypto market recovers and LayerZero makes waves, the altcoin can hit the $10 milestone in the coming months.&nbsp;

ZRO Price Surges 50% For $3 Breakout, Teases Bull Run To $10

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