Here is another interesting altcoin you must keep an eye on $0x (ZRX) turn long term bullish for the first time of the year a very promising coin.

0x (ZRXUSDT) is moving above MA200 to the upside for the first time since February 2021.

This is matched by the highest volume daily since February 2021.

The highest buy volume came in 8-October.

We have two really strong signals supporting each other:

  • Break above MA200;

  • Ultra-high buy volume at low prices.

The classic signals are also in place:

  • Long-term higher low (Aug. '23 vs Dec. '22)

  • RSI above 60.

  • Bullish MACD.

0x $ZRX is preparing for another huge leg up in the crypto market.

It will take time to develop, slow and sustained growth. There will be retraces and corrections along the way, but the year when it all happens is 2024.

#CTTO photo not mine.

#trendanalysis #0x $ZRX #chartpattern #indicator #indicator #technicalanalysis