Why Horizen (ZEN) is uprising now?
Recent bullish sentiment around Horizen (ZEN) is driven by several factors:
Technical Indicators: Approximately 90% of market sentiment is bullish, with many technical indicators signaling upward momentum, including the Relative Strength Index (RSI) suggesting a neutral position
Price Trends: Horizen has experienced a significant price increase of about 68% over the last month, indicating strong market interest and potential for further growth
Market Dynamics: The Fear & Greed Index shows extreme greed at 75, reflecting investor confidence and optimism regarding future price increases
Overall, these elements contribute to a favorable outlook for Horizen in the near term.
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