ZKsync Price Forecast: November 12
Currently, the ZKsync price is going up and remains stable following the victory of the crypto-friendly candidate Donald Trump, the 47th president of the United States. Amid a high momentum rally, the coin price hits the $0.152 level today; if buyers can exert more force to their buying pressure, the next price target might be the $0.160 upper resistance point, bolstering broader market recovery.
Key Levels:
Resistance Levels: $0.150, $0.151, $0.152
Support Levels: $0.129, $0.128, $0.127
ZKUSD Long-term Trend: Bullish (4H chart)
The ZKsync price is going up and remains bullish in its higher time frame. The coin market value has witnessed a steady correction from $0.141 to $0.152 high level, a 10% increase, under the influence of an ascending trend line. However, the price bars are close to the upper resistance area above the moving average line, indicating a high bullish momentum.
The bulls’ persistent pressure to a $0.149 coin has made it easier for the ZKUSD pair to remain in its growth above the supply level in its recent high.
At the time of writing, the ZKsync price is going up as the bulls increase the crypto price to a $0.152 high level above the EMA-50 as the 4-hourly chart opens today, indicating that the coin traders are actively buying at this level.
The ZKUSD price is going up. Should the bulls increase their buying motives, the coin price might surge above the $0.152 current high value, demonstrating remarkable resilience in a correcting market.
In addition, the market is pointing up on the daily stochastic, suggesting the coin price is rising. As a result, the emergence of more buyers is crucial, and this might move the ZKUSD price to reach the $0.160 upper resistance level in the coming days in its higher time frame.
ZKUSD Medium-term Trend: Bullish (1H chart)
The ZKsync price is going up and trades in a bullish trend market in its medium-term outlook due to the high impact of the long-term traders in the price flow. 
The crypto price is going up above the supply levels in its recent high due to the sustained bullish pressure to $0.143 in the past session.
The ZKUSD price at the $0.152 high level above the moving average shortly after the 1-hourly chart opens today suggests that the crypto price is going up and the buy investors are dealing in the coin investment.
Therefore, if the bulls could increase their buying intentions in the market, the price tendency will move above the current price levels, projecting their confidence in the asset’s future growth as the price goes up north.
Next, the ZKsync price is also pointing upwards, suggesting that the coin price is going up and may likely continue in an upward direction and head toward the $0.160 supply trend line in the days ahead in its medium-term time frame.
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