Zeebu

“There&#39;s never a dull moment in the crypto world!” That sentiment rings true this week as the digital currency market buzzes with activity. Decentralized finance (DeFi) applications are drawing significant attention, with smart contracts powering innovative solutions. Bitcoin, the undisputed king, continues its recent trend of dipping and rising within a broad range. However, the real story lies with alternative coins (altcoins) – many are experiencing impressive surges, captivating traders and investors.One such standout altcoin is Zeebu. This unique loyalty token caters specifically to the telecom industry, facilitating instant transactions and invoice settlements.  Zeebu&#39;s decentralized payment platform has been performing exceptionally well, and its recent significant surge has grabbed the attention of cryptocurrency enthusiasts globally.  Let&#39;s delve deeper into the platform and explore the reasons behind Zeebu&#39;s impressive rise.Zeebu is functioning as a Web3 Neobank for the telecom industry, addressing major challenges within the sector, and garnering worldwide attention. According to the <a href="https://dashboard.zeebu.com/" rel="noopener noreferrer nofollow">data</a>, Since its inception, Zeebu&#39;s on-chain platform has successfully settled nearly 17,500 invoices and facilitated over 1.44 billion in transaction volume, marking a significant milestone.Building on this success, experts anticipate the platform to hit the 2 billion milestone in transaction volume and settle 25,000&#43; invoices in the coming months. As the platform grows, ZBU, the native cryptocurrency of the Zeebu ecosystem, has become the talk of the town, experiencing a staggering 10X gain and climbing from rank #2000 to under #250 on <a href="https://coinmarketcap.com/currencies/zeebu/" rel="noopener noreferrer nofollow">CoinMarketCap</a>.April Outlook: ZBU Token&#39;s Potential Rally to $7At the time of writing, the ZBU token is trading at the $4.8 mark, showing less volatility over the last 24 hours. After experiencing a rapid bullish momentum of 40% in the past few days, the ZBU token has seen a period of consolidation, reaching a new all-time high at $4.94. However, this consolidation phase following a rapid rally indicates further potential for the token, setting it apart from other cryptocurrencies prone to scams.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/04614f08781b4b4a9b9eb54752664014.png" />Source: <a href="https://www.tradingview.com/x/o0hqQ8wT/" rel="noopener noreferrer nofollow">Tradingview </a>Analyzing the daily price chart, the ZBU token appears to be firmly entrenched in bullish territory, having never retested its previous swing low so far. Moreover, it remains comfortably above all key daily moving averages, with the 50-day moving average serving as a crucial buyer demand zone.The Average Directional Index (ADX) is experiencing rapid growth, reaching a range of 47, signaling robust positive conditions for the ZBU token. While the ZBU token is poised to surpass its previous all-time high at the $5.0 range, bold predictions from experts suggest that reaching the $7.0 mark could be the next significant milestone for Zeebu investors in the coming weeks, based on the 1.618 level of Fibonacci retracement.Hourly Chart Bullish Patterns: A Closer LookA promising bullish pattern has emerged on the hourly chart for the ZBU token. The price structure indicates the formation of a potentially bullish pattern known as a Pole and Flag. This pattern typically signifies an accumulation phase preceding another significant uptrend, potentially influencing the inflow of funds into the loyalty token.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/2cd7a01204504459876aa35000c7f424.png" />Source: <a href="https://www.tradingview.com/x/XuIkyKIG/" rel="noopener noreferrer nofollow">Tradingview </a>While this bullish flag suggests the possibility of a forthcoming bull run, it&#39;s worth noting that the ZBU token might undergo a retest of the 50-SMA (Blue) on the 4-hour chart before embarking on its next upward movement. This retest will establish a robust foundation for the token&#39;s ascent towards the coveted $7 mark.Furthermore, with Bitcoin displaying bullish signs and poised to reach another all-time high, there&#39;s a strong likelihood of a positive impact on the entire altcoin market. In such a scenario, ZBU could emerge as a pioneering altcoin, capitalizing on the rapid upward momentum driven by Bitcoin&#39;s performance.

Unveiling the Bullish Hidden Pattern in Zeebu (ZBU): What You Need to Know

Coingape News Media

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