ZKsync Price Forecast: October 22
Amidst the recent market fluctuations, ZKUSD’s price maintains its bullish race as it expands and increases toward the upper resistance channel, fueling renewed investors’ excitement. Based on the stage structure, the coin buyers are prepared to drive a prolonged rally; if the coin holders demonstrate greater strength and the price sustains above the previous high value of $0.155, subsequent upward swings could take it to a high of $0.160 and beyond, sparking renewed interest and excitement in the ZKsync community.
Key Levels:
Resistance Levels: $0.144, $0.145, $0.146
Support Levels: $0.127, $0.126, $0.125
ZKUSD Long-term Trend: Bullish (4H chart)
The ZKsync market has showcased an increase in volume as it maintains its bullish race with a notable rise in its higher time frame. The pair exhibits positive sentiment above the moving average, suggesting a bullish momentum. Buyers’ self-assurance in reaching new heights attests to their current high market effect. 
The high momentum by the bulls to a $0.139 high mark in the last session has made it possible for the coin price to maintain its bullish race in recent times.
The momentum continues today as the ZKUSD price maintains its bullish race to a $0.151 high level above the EMA-50 as the 4-hourly session commences, setting the stage for another parabolic movement.
Hence, if the bulls increase their confidence in the ZKsync investment, the coin market trend could see another uphill trend as it maintains its bullish race and, hits the $0.160 supply mark, attracting big players to drive the coin price higher as it maintains its bullish race in its long-term outlook.
ZKUSD Short-term Trend: Bullish (1H chart)
The ZKSync pair signals a potential buy as it maintains its bullish race amid a broader market recovery in its short-term perspective. The price bars are above the moving average approaching the upper resistance level, indicating a bullish trend.
The crypto price is above the supply levels in its recent high due to the increasing movement by the bulls to the $0.143 resistance in the previous action.
Today, the ZKUSD pair maintains its bullish race as the bulls drove the asset price to a $0.150 resistance mark above the EMA-50, to open the 1-hourly session, signaling a possible bullish continuation.
The ZKsync price looks promising as the bulls remain dominant and maintain the bullish race. If the bulls can increase their price action, and bullish momentum is sustained far above the $0.153 resistance trend lines, the anticipated targets at the upper resistance levels might be reached.
Additionally, the daily stochastic remains upward, indicating that the coin buyers may continue in the same direction. Hence the ZKUSD market participants may witness a new recovery rally to reach the $0.160 high mark soon as it maintains its bullish race in its lower time frame.
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