- The ZRX bullish price prediction ranges from $ 1.26 to $ 2.11.
- ZRX price could hit $ 3 soon too.
- The bearish market price prediction for ZRX for 2021 is $ 0.67.
This article from 0x Price Prediction 2021 is based on technical analysis alone. Below you can see the most important metrics that we considered in our ZRX price analysis and forecast.
There are plenty of cryptos that hit a new high during this bull run in 2021. In contrast, some cryptocurrencies have also faced a downtrend position. As a result, many crypto traders worry about whether it is time to hold or sell their crypto. This is also the same case that traders experience in ZRX.
Even so, the crypto market has been consolidating recently and many cryptocurrencies are losing their previous profits. Will ZRX experience the same price volatility? We’ll find out about that shortly in this article on ZRX Price Analysis 2021. But first let’s take a look at what ZRX is.
What is 0x (ZRX)?
ZRX is one of the most active digital assets in the crypto market. As a result, traders and investors are now watching the crypto closely. In addition, the ZRX network enables decentralized exchange (DEX) for the increasing volume of ERC20 and ERC-721 assets. Hence, traders and investors can use DEX without fear of cyber threats.
In addition, the ZRX network offers game developers the opportunity to build marketplaces for non-fungible tokens (NFT). In this case, players who own NFT can easily buy, sell and trade their tokens with the help of 0x Network.
Now that we have an idea about ZRX, do you think ZRX will be a profitable crypto in 2021? Join me and let’s see the charts in this ZRX price prediction.
ZRX current market status
At the time of writing this 0x technical analysis, ZRX is trading at $ 1.07 with a 24-hour trading volume of $ 81,201,929. The price of ZRX has increased 5.12% in the past 24 hours.
In addition, ZRX has a supply of 845,341,601.79 ZRX currently in circulation. Currently, the major crypto asset trading platforms for ZRX are Binance, Huobi Global, FTX, OKEx and Mandala Exchange.
Now we come to the next part of this ZRX price analysis for 2021.
ZRX (0x) price analysis 2021
ZRX currently ranks 100th on CoinMarketCap. But will the latest upgrades, developments, and changes in the ZRX blockchain help the price of cryptocurrency get higher? Let’s move on to the charts in this ZRX price prediction article.
ZRX / USDT chart with ascending channel pattern (Source: TradingView)
Based on the graph above, ZRX positions itself along with the angry bulls. Today ZRX is trading at a high price of $ 1.16. Additionally, we can see that ZRX recently performed an ascending channel pattern. An ascending channel is the price movement made by a rising parallel line in an upward direction.
In addition, the chart shows the higher highs and higher lows of this price pattern. In addition, this pattern represents a short-term upward trend.
In other words, ZRX is preparing for a possible bullish rally in the coming days. In this case, the crypto could go above its resistance level and hit the bullish price. Of course, this is most likely if the bullish market is still on ZRX.
Conversely, if the bulls turn against the cryptocurrency, the price of ZRX could fall. In short, ZRX could break out of its uptrend position and crash onto a bearish price. In fact, this price level is not a good picture in the eyes of investors.
The Relative Strength Index (RSI) is close to 50.08, which means that ZRX is neither overbought nor oversold. Therefore, this can lead to a course reversal at any time.
Therefore, traders need to trade crypto cautiously and not be affected by the market hype. With all of this in mind, traders can be aware of the wild fluctuations in the crypto market and avoid unexpected losses.
Let’s also look at ZRX’s Simple Moving Average (SMA) and Exponential Moving Average (EMA).
Since the beginning of 2021, the price of ZRX has seen many upward moves that are higher than the previous one. Even more, fluctuations, consolidations and corrections follow immediately. With this in mind, ZRX 2021 has a competitive market.
ZRX (0x) price prediction 2021
The graph below shows that ZRX has done a great job over the past few days. Additionally, the ZRX price has increased over 20% in the past 7 days. If this trend continues, ZRX could run with the bulls, surpassing its $ 2.11 resistance level and reaching higher.
Conversely, if investors turn against cryptocurrency, the bears could take the lead and dethrone ZRX from its uptrend position. In simpler terms, the price of ZRX could drop to nearly $ 0.67, a bearish signal.
Meanwhile, our long-term ZRX price prediction for 2021 is bullish. There is a high likelihood of surpassing its current all-time high (ATH) of around $ 2.53. However, it is impossible for ZRX to reach that level within this year.
ZRX (0x) Price prediction 2022
If this uptrend continues, ZRX will hit $ 4 by the end of 2022. Additionally, the first half of 2022 will see rapid growth up to $ 4.5. Then the increase will slow down, but no major decreases are expected. With partnerships and developments ahead that hit $ 4, this is fairly bullish on pricing, but undoubtedly doable for the near future.
ZRX (0x) Price prediction 2023
If ZRX holds the support level around 200-MA, which is the long-term moving average, buyers will have enough time and stability to forge the next offensive mission at the all-important level at $ 7 so that it doesn’t crash, but instead plays consistently.
ZRX (0x) Price prediction 2024
According to the latest upgrades, developments, ZRX price predictions, and new project predictions from the platform, ZRX investors could expect many partnerships and integrations around 2024. Additionally, this could increase the price of ZRX in the crypto market and it will become the best investment as the price can skyrocket and reach around $ 10.
ZRX (0x) Price prediction 2025
ZRX prices could soar as high as $ 15 over the next four years. Moreover, reaching this level should not be that difficult for ZRX, as additional medium, short and long-term price targets for buy or sell orders could be found. This suggests that ZRX is forecast to have a high probability of reaching a new ATH soon in the next five years.
ZRX has a bright future ahead of it in 2021. With ongoing developments within the ZRX ecosystem, as well as across the crypto marketplace, we may see ZRX reach new heights.
The 2021 ZRX bullish price prediction is $ 2.11. As mentioned earlier, it can even hit $ 3 if investors decide that ZRX is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
What is ZRX?
ZRX is one of the most active digital assets in the crypto market. As a result, traders and investors are now watching the crypto closely. The native token of 0x is ZRX.
How do I buy ZRX tokens?
Users can get ZRX tokens by buying them from cryptocurrency exchanges like Binance or Huobi Global.
Will ZRX outperform its current ATH?
ZRX is the best crypto asset to invest in 2021. Best of all, this year ZRX has a high chance of surpassing its current ATH of around $ 2.53.
Can ZRX hit $ 3 anytime soon?
Yes, it is very likely that ZRX could hit $ 3 in the near future, as the current uptrend shows.
What will the ZRX price be by 2022?
The 0x (ZRX) price is expected to reach $ 4 by 2022.
What will the ZRX price be by 2023?
The 0x (ZRX) price is expected to reach $ 7 by 2023.
What will the ZRX price be by 2024?
The 0x (ZRX) price is expected to reach $ 10 by 2024.
What will the ZRX price be by 2025?
The 0x (ZRX) price is expected to reach $ 15 by 2025.
Disclaimer: The views and opinions expressed in this article are solely those of the author and do not necessarily reflect the views of CoinQuora. None of the information in this article should be construed as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.