Token

Bitcoin

Resistance

Coin

<ul class="news-points">
 <li>LayerZero’s ZRO token surged 36% weekly, boosted by Bitcoin’s rebound past $63.7K.</li>
 <li>ZRO’s market cap rose 11.13%, ranking it 140th, with trading volume up 15.93% to $495.39M.</li>
 <li>Technicals suggest consolidation or pullback before a potential breakout past the $4.00 resistance.</li>
</ul>
LayerZero’s ZRO token has experienced a remarkable 36% surge in the past week, driven by a positive market sentiment ignited by Bitcoin’s latest rebound. CoinMarketCap data reveals that Bitcoin soared beyond $63.7K yesterday, a notable jump from the previous week’s low of $59.9K, before finding stability just above the $62.9K threshold.
As of press time, ZRO is trading at $3.82, marking an 11.09% increase in the past 24 hours. This surge has boosted ZRO’s market capitalization by 11.13% to $420,426,035, placing it at the 140th rank. The 24-hour trading volume has also climbed 15.93%, reaching $495.39 million.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcbKnMBvZiL24IOcoIH8fjTPTv7Fo635WhWa_6OuCaeiVdK_FWiEmMZCt2suoaU49Kk6H1bTeXhMAuoD6prhsTEpfjISlfGXymjeedlLo_9mjqU7-GW_qBS_dNSRsGwo4IeMajeFUVBx3tCzC6ReCG4tb7a?key=mHtN8D7y2IJFZ9DfbmxF-g" alt="">
</figure>
Source: <a href="https://coinmarketcap.com/currencies/layerzero/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
Despite these gains, ZRO still shows a 5.89% decline on its monthly chart, indicating some lingering bearish sentiment. However, if the bullish momentum persists and ZRO surpasses the $4.00 intraday resistance level, it could potentially reverse the bear…
The post <a href="https://coinedition.com/layerzeros-zro-token-surges-36-weekly-eyes-4-00-resistance-level/" rel="noopener noreferrer nofollow">LayerZero’s ZRO Token Surges 36% Weekly, Eyes $4.00 Resistance Level</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

LayerZero’s ZRO Token Surges 36% Weekly, Eyes $4.00 Resistance Level

Coin Edition

Alte articole publicate pe 2 iul. 2024

Shiba Inu Lead Dev Sheds ‘Shy And Quiet’ Image: Something Big Coming?

Archisinal Collaborates with the University of Buenos Aires to Revamp the Facilities

Evolve Bank Experiences Major Data Breach

Solana's Price Increased More Than 3% Within 24 hours

The US Marshals Service partners with Coinbase Prime in a $32.5 million deal

Low Bitcoin and Ethereum fees may not necessarily be good news

Join our free newsletter for daily crypto updates!