The rising band that ZIG formed was broken to the downside by the descending band starting from December 5, 2024, and it has maintained its downward movement since March 3, 2025.
As we approach a decisive moment for BTC, if BTC breaks out upward, ZIG will likely break its descending band and start rising. We are very close to the decision point. Everything seems to depend on a piece of news that could push BTC upward.
If BTC breaks downward, the first support levels for ZIG would be around 0.077, 0.046, and 0.042.**
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.