Since its launch, ZRO has shown its unique "demon coin" characteristics, especially after the big cake ended its decline on July 6, it went against the current and broke through the previous high in one fell swoop, attracting attention.
Back to July 3, ZRO had the potential to continue its upward path, but it encountered violent fluctuations in the big cake market, which caused its upward momentum to come to an abrupt end. If the market environment was stable on that day, ZRO's increase might be more considerable. I personally estimated that it was expected to reach the 5 yuan mark.
After a short period of dormancy, ZRO rose again on the 6th. Although the upward momentum was strong this time, the capital consumption of the previous dealers obviously posed a certain restriction on its subsequent performance. Despite this, ZRO still struggled to break through and reached a new high of 4.4, but its subsequent performance was slightly tired.
Several consecutive attempts to rush up ended in failure, and each wave seemed weaker than the previous one, which may mean that the main funds are close to exhaustion. At the same time, some retail investors took advantage of the good and began to gradually withdraw, further exacerbating the downward pressure on the market. Even though the price of Bitcoin has recovered today, it has not effectively driven ZRO out of the gloom.
At present, ZRO is showing a trend of shrinking decline, which is a clear signal that the market trend may continue to decline. In the absence of a large amount of capital injection, this trend may be difficult to reverse in the short term, and it is expected that ZRO may continue to fall in the future.
For investors who pay attention to the market, this may be a good time to lay out. I am planning to increase my holdings of some potential spot in the near future, and I look forward to seizing market opportunities with like-minded partners. If you also have this intention, please leave "888" in the comment area, and let us work together to capture those currencies with a hundred times the potential at a low level.
Among the many candidate currencies, NOT, EDU, BNB, SOL, CEL, ZRO, PEOPLE, etc. are all worthy of close attention. They each have unique advantages and potential, and may stand out in the future market.
