(ZRX) - Downward trend has started, unless there is a break of the trend we should hit the targets stated. Sideways trading could be a possibility and volatility has been low in the past 5 weeks.
Technical analysis:
. 0X/BITCOIN is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary ...
Technical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary ...
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