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OX Price Prediction: Long-term (ZRX) Value Forecast – June 23

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  • Trading operations between ZRX and the US dollar still feature around the same last range zones.
  • The ZRX/USD market may have to face a correction if it tries to swing northward further around the upper range mark at $0.40.

ZRX/USD Long-term Trend – Ranging

  • Distribution territories: $0.45, $0.50, $0.55
  • Accumulation territories: $0.25, $0.20, $0.15

The market of ZRX/USD had made a record of higher lows between June 16 and 20. And between June 21 and until the present, the crypto valuation has continued to move in a range showing short ups around $0.35 price territory.

On June 22, the pair like in many other crypto-economies, dropped southwards to test its lower range market at $0.35 mark. As at now, the market is fluctuating above the SMA indicators. The Stochastic Oscillators have slightly crossed to point to the north.

he ZRX/USD market hasn’t gained a clear indication to suggest a definite price direction for this crypto-trade. By that sentiment, this week’s sessions have the probability to witness a continuation of choppy market movements around the same last range zones characterized by $0.40, $0.35, and $0.30 price lines. The upper range spot of the market seems to be the point that a correction will be made while a sudden spike occurs or the market trades around it in the long run.

0x:

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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