ZRX good investment ?hello dear trader
this price action for ZRX ...
ZRX is a utility token that is used to reward relayers with trading fees for hosting an order book. The 0x ecosystem saw tremendous growth in 2020, and in January 2021 alone, the protocol reached $5.7 billion in trading volume. ZRX also derives value from being a governance token.
zrx have good futures
good luck
0xusd
ZRX/USD (Weekly)- Targets are clear on the chart based on Fibo Levels
- You can enter after breaking the downtrend trend line and retest
- Base line 103 (Ichimoku) can be a great dynamic support or resistance line
- $0.85 is a good area for set your order imo
- NFA
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All Time High USD
Jan 09, 2018 (4 years ago) $2.53
57.24%
All Time Low
Aug 16, 2017 (4 years ago) $0.104
941.13%
0x ROI
868.79%
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All Time High BTC
0.00021900
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Market Rank #107
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0x Supply
Circulating Supply 845,341,602 ZRX
Total Supply 1,000,000,000 ZRX
Max Supply 1,000,000,000 ZRX
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Market Cap $914,979,050.65
7.31%
Fully Diluted Market Cap $1,082,377,879.79
7.31%
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ZRX - 0x one of the best ERC-20 token. Holders will be rewarded.ZRX is on our opinion one of the best ERC-20 token. We believe that it will bring us huge profit in this bullrun, we accumulated huge bag of this coin and it is on our long-term list of course. You can stake it to earn ETH on their official platform however this staking is not profitable as other staking which we recommand.
If you want to know our golden list of altcoins for this bullrun and play with us on short term signals feel free to join us on our website!
OX / ZRX USD pair breaks resistance0X looks like it has broken downward channel resistance based on this sketch of USD pairing - see circled area. Looking for resumption.
A few Days ago we hit ZRXBTC support - see last idea - this was a great entry point at 0.00002225. Target is 0.00004170 BTC.
I have never traded this ALT but the entry point was too tempting not to take and may add if this resumes up. Target for me is $2.7 if we can hold the break and push up.
Best, HF
ZRX (0x) Analysis 14/03/2021we had Analyzed this token earlier and well capitalized on it, now updating the New analysis and positions.
Fundamental:
0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the Ethereum blockchain without relying on centralized intermediaries like traditional cryptocurrency exchanges.
0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.
The protocol is powered by an ERC20 utility token known as ZRX. Nodes that (also known as relayers) host an off-chain order book and offer user-facing applications that present this information and allow users to make, fill and cancel transactions are paid in ZRX tokens (as trading fees). ZRX can also be used to participate in platform governance, helping holders suggest and vote on changes to the protocol.
In 2019, 0x announced an overhaul of the ZRX token, adding extra functionality, allowing ZRX holders to delegate their stake to a market maker to earn passive rewards while retaining their voting capacity.
Unlike many other Ethereum decentralized exchange protocols, 0x supports both fungible (ERC20) and non-fungible (ERC-723) tokens. This means it can be used for the permissionless trading of a wide range of assets, giving holders a way to buy, sell and exchange the vast majority of Ethereum assets through more than a dozen different apps.
The 0x protocol can be applied to a wide range of use cases, including eBay-style marketplaces for digital goods and services, OTC trading desks, exchange functionality for DeFi protocols and plain-old decentralized exchanges.
Although 0x can be used to build highly flexible exchange products, it can also be built into products where asset exchange is a secondary feature — such as for in-game purchases and portfolio management platforms.
On the 0x protocol, liquidity takers pay a fee in the form of ZRX tokens — this fee is used to incentivize market maker (relayer) liquidity. Users also need to pay a protocol fee in the form of Ether (ETH), which is used to pay for the gas used in any transactions they complete. As an open-source protocol, 0x does not receive any share of this revenue, and is instead supported by ZRX tokens unlocked as team and developer incentives — along with its initial ICO funding.
0x was founded in 2016 by Will Warren and Amir Bandeali. The two co-founders continue to serve the platform, with Will Warren as 0x's CEO, whereas Amir Bandeali is CTO.
The platform launched following a successful initial coin offering (ICO) in 2017, during which it raised a total of $24 million — with support from prominent investment firms including Polychain Capital, Pantera Capital and FBG Capital.
Prior to the sell-out ICO, Warren worked in several research roles and briefly held the role of technical advisor to Basic Attention Token (BAT). Bandeali, on the other hand, graduated from the University of Illinois with a BSc in Finance and held several trading positions before co-founding 0x.
Now the team is composed of more than 30 individuals, including engineers, researchers and designers who work to update the platform and keep it running smoothly.
Technical Analysis:
as you could see in our past analysis we had drown a Fibonacci projection where we had defined our past Triggered Targets, we could see the price has touched the 161.8% (extension) Level, and currently Correcting and Reaccumulating, which is the confirmation of continued Rally to 261.8% and above
additionally we can see a Mild Hidden Bullish Divergence which is the sign of trend continuation and it can work as additional confirmation on the Analysis bias.
at present we had defined 2 Targets by the same Fibonacci Projection which are to be triggered in the coming few weeks...
Reputation gather: ZRXUSDHi there, new to charting and trying to get some recognition so I can chat in the forum there and learn how to do this for REAL. Im seeing some breakout potential here on the 1 hour chart after a pretty good consolidation period. Again, still new to this so feedback is welcome!
ZRX to see a leg down.0x - Intraday - We look to Sell
Price continues to trade within the triangle formation.
The RSI is trending lower.
Short term MACD is moving lower. 50-hour EMA is at 0.379.
The bias is to break to the downside.
Our profit targets will be 0.343 and 0.336
Resistance: 0.380 / 0.388 / 0.396
Support: 0.370 / 0.360 / 0.340
0X possible scenarios0X looks very promissing for a long possition. The green pattern seems to be the most accurate, the white pattern it is not very likely but would be great to buy at that price and the purple pattern would be a great pump if it break the nearest resistance point.
always DYOR, trust no one.
Alts HUGE Target Zone We know that in cryptos eventually everything looks the same. Most alts will be above january levels before this run is finished. That's a great indicator. Then there are ZONE pumps where something pumps more than others, right now it looks like that the coins that pumped lesser in january pumps higher now, but everything reaches the level of highest pumping coin on January. Seek for coins that are still COLLECTING and looks healthy. Eventually you should be able to INDEX them all like that. Markets takes time and now is the opportunity to BUY.
ZRX/BTC only bullish indicationHello traders,
Zero X is on a clear strong bullish momentum, the price broke the long term downtrend line, made a pullback to test as support, we stay above a important support level and acumulated, now we just broke the short term downtrend line, a uptrend is coming for Zero X.
Very Very Bullish.
Please, push like button and follow us to receive more trading ideas like this.
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0x/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2220 to 0.1710). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2220)
Ending of entry zone (0.1710)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.29555
TP2= @ 0.36510
TP3= @ 0.46000
TP4= @ 0.55880
TP5= @ 0.69000
TP6= @ 0.81350
TP7= @ 1.01900
TP8= @ 1.22300
TP9= @ 1.88880
TP10= Free
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0x/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2220 to 0.1710). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.2220)
Ending of entry zone (0.1710)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.29555
TP2= @ 0.36510
TP3= @ 0.46000
TP4= @ 0.55880
TP5= @ 0.69000
TP6= @ 0.81350
TP7= @ 1.01900
TP8= @ 1.22300
TP9= @ 1.88880
TP10= Free
0x Inverted Descending Scallop11/56 success rate in a bull market.. Looks like an inverted J. Stochastic RSI can be seen to be overextended suggested a price reversal, MACD is also rising which looks promising. 4Hr chart.
Simple linear regression trading exampleIn the post I have outlined a simple method for trading using linear regression, note it is difficult to establish strong R values on many coins due to many's stagnant nature recently, this method is a very reliable way to make some mula.
Give me feedback in the comments please, let me know if it was useful !