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Zcoin Price Prediction Today: Daily (XZC) Value Forecast – June 13

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  • On the upside, if the support of the EMAs holds, the crypto’s price will rise and retest the overhead resistance.
  • On the downside, if the bears break below the EMAs, the price of Zcoin will reach a low of $10.

XZC/USD Medium-term Trend: Bullish

  • Resistance Levels: $12.0, $13.0 $14.0
  • Support levels: $11.0, $10., $9.0

Yesterday, June 12, the price of Zcoin was in a bullish trend. On June 12 the price of Zcoin reached the $14 overhead resistance but the bulls were resisted. The price fell as the market made a downward correction to the support of the 12-day EMA. Again the bulls made an upward move to retest the $14 overhead resistance.

The price fell again to the support of the 12-day EMA. The bottom line is that is the price going to hold above the 12-day EMA and the 26-day EMA? On the downside, if the bears break below the EMAs, the price of Zcoin will reach a low of $10. On the upside, if the support of the EMAs holds, the crypto’s price will rise and retest the overhead resistance.

Meanwhile, the price of Zcoin is in the overbought region of the daily stochastic but below the 80% range. This indicates that price is in the bearish momentum and a sell signal.

XZC/USD Short-term Trend: Bullish

On the 1-hour chart, the XZC price was in a bullish trend. The crypto’s price reached a high of $14 overhead resistance. Each time the bulls tests the overhead resistance the price will fall to the support of the EMAs. Later they will resume retesting the overhead resistance. This has been the scenario. Meanwhile, the price of Zcoin is in the oversold region of the daily stochastic but below the 20% range. This indicates that price is in the bearish momentum and a sell signal.

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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