0x gonna fractal all over us in 2018
With BTC trying to make up its mind, alts are wondering too what comes next... Do they keep their newfound trends or do that dive deeper as BTC takes on 20k? ZRX has been waiting for its time to shine since it was first released on the polo exchange. Thinking this will be its first go at ATH in the 1st and 2nd quarters of 2018.
The protocol is intended to serve as an open standard and common building block, driving interoperability among decentralized applications (dApps) that incorporate exchange functionality. Trades are executed by a system of Ethereum smart contracts that are publicly accessible, free to use and that any dApp can hook into. DApps built on top of the protocol can...
After a long period of consolidation, it looks like ZRX is ready to go. Volume went up and it recently broke out of its decending channel. RSI above 50 now. The 0x protocol is a very solid project with a great team (check out their website). Hopefully it will now get the attention it deserves. I'm holding and hoping this to be my 10x coin!
I believe 0x to be an excellent project with a very bright future. I'll be buying in in the buy zone in red and going long. If it drops lower at some point, I'll buy more. 30 min chart.
ZRXBTC - falling wadge,and exit from triangle with double bottom with good buy volume. looks like it wakeup.
FA: The number of relayers operating on the 0x Protocol is growing, yet general awareness of 0x seems to be low. Decentralized exchanges are gaining popularity, and people will migrate towards them in the future, which is good for 0x. They have a reliable, active, and dedicated team. Any sort of big news could open the floodgate. TA: The downtrend seems to be...
Just like ZRX/BTC, we are getting very close to do or die. ZRX/BTC is in a massive descending triangle. ZRX/ETH is in descending wedge/channel. They obviously coincide overall. We either break down or up very soon. Next two weeks or less?
TA: - we are moving sideways for some time already and reached the local low lately - oscillators show buy opportunity - breakout from the channel also possible due to strong fundamentals (might be delayed though) FA: - crushcrypto.com
We're getting very close to do or die. We either break the downtrend or we break .29
Let's see if it can catch some support again. Stops should be placed below the green line or yellow idk i'm colorblind.
ZRX has been holding up well on it's current uptrend. A series of higher highs seems like it's heading towards the .75 area again slowly. It should break it and continue.
Strong base has been forming for months, and with regulators inevitably attempting to curb the spread of cryptocurrencies, the 0x project only stands to benefit.