ZKsync Price Forecast: November 3
The ZKsync price reaches the time to grow again as the market experienced a notable price over the past few days. Despite minor market corrections, ZKUSD’s trajectory reflects promising growth trends that continue to energize its investors. The bull race may likely continue to the key psychological level of $0.250 supply value and beyond before we see any signs of sellers’ interference if the buy traders should put more aggression into the market.
Key Levels:
Resistance Levels: $0.212, $0.213, $0.214
Support Levels: $0.133, $0.132, $0.131
ZKUSD Long-term Trend: Bullish (4H chart)
Despite minor corrections, the ZKUSD price reaches the time to grow again, capturing attention across the cryptocurrency market in its long-term outlook. The coin price is trending towards the overhead resistance above the moving average line, indicating a bullish momentum.
The sustained bullish pressure at the $0.186 high value in the previous action has made it easier for the crypto to reach the time to grow again above the supply trend lines in its recent high.
After completing the dip lows at the $0.185 level, its resistance was finally broken as it reached the time to grow again at a $0.212 high level above the EMA-50 as the 4-hourly chart opens today.
If bulls should increase their price action, and a bullish momentum is sustained, the ZKsync price will further increase to the upside as it reaches the time to grow again.
Notably, the ZKUSD pair can grow again as indicated by the daily signal highlighting an uptrend. In light of this, the coin price might grow higher again to reach the $0.250
supply value in the coming days in its long-term outlook.
ZKUSD Short-term Trend: Bullish (1H chart)
The ZKsync pair’s time to grow again is now. The coin is trending towards the overhead resistance and displays a bullish momentum in its short-term perspective. The price is approaching the upper resistance level above the EMA-50, indicating a robust trajectory.
The ZKUSD price at a $0.212 resistance level above the EMA-50 today suggests the crypto price has reached the time to grow again due to low bearish momentum.
Meanwhile, the ZKsync price will grow again if the bulls can add more energy to the buying momentum and push the coin prices above the $0.212 current supply levels, bolstering buyers for a sustainable rally.
Similarly, the coin price anticipates growth again as the coin price suggests an uptrend on the daily signal pointing upwards. In light of this, the selling pressure is not likely to continue. Hence, the coin price could grow again and reach the $0.250 high value in the days ahead in its lower time frame.
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