Cryptocurrency

Burst

LayerZero

<ul>
 <li>Following the opening of airdrop claims on June 20, 2024, #<a href="https://www.coingabbar.com/en/crypto-currency/layerzero-zro-prices-usd" title="LayerZero" class="f-link" rel="noopener noreferrer nofollow">LayerZero</a> experienced significant volatility.</li>
 <li>The token peaked at $4.8786 but quickly dropped to $2.5500, marking a 47% decline within five days.</li>
 <li>On the 4-hour chart, $ZRO is trading within a well-defined descending channel, indicating a bearish trend.</li>
 <li>The RSI is currently at 32.19, approaching oversold conditions but not yet breaching the typical 30 threshold.</li>
 <li>Trading volume is at 34.313K, which is moderate but relatively low compared to previous spikes, suggesting a lack of strong conviction in the current move.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-prediction" title="Coingabbar Prediction" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Prediction</a>, If $ZRO breaches the channel boundary and the 0.50 Fibonacci level, it could test the $3.8000 to $5.0000 range in the coming months.</li>
 <li>If bears push the price below both levels, selling pressure could drive it towards the 0.618 Fibonacci level at $2.2887 or the 0.786 Fibonacci level.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $3.6000-$5.0000
SUPPORT LEVEL : $2.2800-$1.0000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

LayerZero Price Prediction:Bubble Burst or Market Correction

Coingabbar

Các bài viết khác được xuất bản trên 26 thg 6, 2024

Rivers state prescribes virtual work for its 3 million LGA workers, but it’s not what you think

Unlocking Success: Why Investors Flock to MoonBag Presale for Unmatched Opportunity

ENO BADGES: YOUR PASSPORT IN THE DIGITAL WORLD

ChainSwap Integrates Chainlink CCIP for Enhanced Cross-Chain Capabilities

MoonBag Coin: Leading the Charge in 2024’s Crypto Revolution, whereas Bonk, and Arweave Dulls Down

'Gensler Will Cause Biden To Lose The Election,' Ripple CEO Warns

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!