LayerZero Hits Bottom: Good News (Easy 630% Target)Bitcoin turns bullish, after months of sideways and a final flush. This is happening in a bull-market year, 2025. It is safe to safe that Crypto is going up.
When Bitcoin turns bullish, everything grows.
What one does, the rest follows.
LayerZero was made available for trading in June 2024. The action started bullish right away, an entire month. This was followed by a sideways period and then a weak higher high. In early 2025, a major correction developed, timed with Bitcoin's final flush. Bitcoin is moving ahead now and LayerZero, ZROUSDT, is now in the process of printing a double-bottom on the weekly timeframe. Surely a bullish signal.
This week wicked below the 3-Feb. week low. A recovery from the lowest price possible is happening and now the action moves above the previous low. This is the purple line on the chart.
As long as ZROUSDT trades above this line the bulls are active and getting ready to move ahead. The fact that volume is super low and continues to drop every week is a bullish signal. It is the end of the bearish wave.
This is potentially a bottom catch. Growth will start happening in a matter of days. We can expect long-term growth. Easy targets amount to 142% and 387%. A stronger target, still easy but will take longer to reach, sits at $16.5 and can yield a total of 630%.
Solid chart. Good risk reward ratio. Can turn into easy profits based on a stress free buy and hold strategy. We are going up and we are going LONG.
The Altcoins market is waking up and will soon start to heat up. Three weeks from now, instead of extreme fear we will have an euphoric market as everything grows.
Prepare for the 2025 bull-market bull-run.
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