ZKsync Price Forecast: January 7
Today, the ZKUSD price remains a possible buy opportunity as the crypto market sparked renewed optimism among investors, with ZKsync showing upward momentum. The coin has seen a significant bullish trend in the past few hours and will most likely continue if the price can further break up the $0.237 level. We can expect good upside momentum up to the $0.250 supply value as the coin price continues to grow in the evolving crypto market.
Key Levels:
Resistance Levels: $0.215, $0.216, $0.217
Support Levels: $0.150, $0.149, $0.148
ZKUSD Long-term Trend: Bullish (4H chart)
The ZKUSD pair displays a high momentum bullish rally, suggesting a possible buy opportunity as the coin price faces the upper resistance level in its higher time frame. 
The chart shows that the coin now trades and faces the upper resistance channel, implying another buying opportunity and a turnaround for the coin by investors.
The sustained trend by the bulls to a $0.211 high level in the last session has made it possible for the altcoin price to maintain and remain at a possible buy opportunity in its recent high.
Today, the ZKsync price remains in an uptrend at the $0.213 supply level as the 4-hour chart resumes, indicating a possible buy opportunity and a more bullish impact on the crypto. Thus, more upsides are possible as new entries are trading in the crypto market.
Therefore, a bullish breakout from the current resistance at $0.213 point could trigger the recovery pattern and drive the prices of ZKUSD higher to hit the $0.236 supply value, reflecting growing confidence among investors in an uptrend market.
Additionally, under the influence of this market level, the ZKsync price could rise steadily and break up the previous high at $0.236 level to reach the $0.250 upper resistance level soon as the crypto price suggests a possible buy opportunity in the long-term perspective.
ZKUSD Short-term Trend: Bullish (1H chart)
On the 1-hour chart, the price of ZKUSD is in an uptrend, suggesting a possible buy opportunity, and a 5.46% increase in market value. The currency pair is above the moving averages, indicating a bullish momentum. So, let’s sit back and watch the bulls take us higher.
The prices are above the moving averages and have confirmed a bullish momentum, breaking the previous high. The sustained bullish pressure to a $0.212 high level in the last action has led to the crypto’s recent high.
The ZKsync pair suggests a buying opportunity for coin traders at the $0.213 supply level above the EMA-50 as the 1-hour chart commences, exhibiting a robust upward trajectory.
The market is reacting to this pattern, and its breakout should provide a good buy entry opportunity. Hence, the investors buying at this supply can expect sustained growth above the $0.227 price level.
Additionally, the price signal is pointing upward, suggesting a possible buy opportunity. In this scenario, the short-term view for ZKsync implies that the price may rise and remain in an uptrend to hit the $0.250 supply mark soon as it indicates a possible buy opportunity in its short-term forecast.
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