$ZRX Cooling Off
ZRX analysis: Reached insane heights. Cooled off. Blew through the support now its back under it as a resistance. I thought this run would end poorly if Coinbase didn't announce something this week. Still think it will. Its a looooong term hodl for me so I'm not worried ;). I think we'll see a retrace. The issue with these coinbase lottery coins is that if you leave, you will most likely not be hodling a ticket when the lottery is drawn. But might not be going to coinbase so its a risk/reward if you're playing shorter timeframes.
TL:DR Probably going down shortly but not that far. We have some volume indicators pointing toward a support. Some swing play in range but could miss the big score.
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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.