$ZEN SURGE EXPLAINED 😂😂😂PRICE PREDICTIONS ARE LOOKING PROMISING IN THE NEAE FUTURE 😇😇😇MARKET AND TECHNICAL ANALYSIS GIVEN 😊😊😊
Horizen (ZEN) has been experiencing a surge, and its price is expected to continue rising. As of today, ZEN's price is $8.48, with a 4.73% increase in the last 24 hours . The current sentiment is neutral, while the Fear & Greed Index is showing 69, indicating greed .
Price Predictions:
- _Short-Term:_ $9.29 in the next 5 days, with a potential growth of 10.69%
- _1-Month:_ $10.34, representing a 23.03% increase
- _3-Month:_ $14.05
- _2025:_ Expected to trade between $10.18 and $24.06, with an average price of $15.23
Market Analysis:
ZEN's market capitalization is $2.73 trillion, with a 24-hour trading volume of $221.44 billion . The token's all-time high was not specified, but its current price is expected to continue rising.
Technical Analysis:
ZEN's technical indicators show a bullish trend, with a 50-day SMA of $7.92 and a 200-day SMA of $8.76 . The Relative Strength Index (RSI) is 58.98, indicating a neutral market sentiment .
Key Factors Influencing ZEN's Price:
- _Market Sentiment:_ Bullish sentiment is driving ZEN's price upward
- _Trading Volume:_ High trading volume is maintaining market momentum
- _Competition:_ Increased competition from other cryptocurrencies may impact ZEN's price