ZKsync Price Forecast: October 17
Today, the ZKUSD price remains in an uptrend 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. If the coin closes above a $0.153 high mark, the accelerated buying pressure may increase the coin price to the $0.160 upper resistance level as the coin price continues to grow in the evolving crypto market.
Key Levels:
Resistance Levels: $0.135, $0.140, $0.145
Support Levels: $0.115, $0.114, $0.113
ZKUSD Long-term Trend: Bullish (4H chart)
Despite the inflows from the sell traders, the ZKsync price remains in an uptrend on its higher time frame. The upward trend will likely continue, but the pair looks bullish here.
The sustained trend by the bulls to a $0.134 high level has made it possible for the altcoin price to maintain and remain in an uptrend in its recent high.
Today, the ZKsync price remains in an uptrend at the $0.135 supply level as the 4-hour chart resumes, indicating 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 $0.135 point could trigger the recovery pattern and drive the prices of ZKUSD higher to hit the $0.153 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 $0.153 level to reach the $0.160 upper resistance level soon as the crypto price remains in an uptrend in the long-term perspective.
ZKUSD Short-term Trend: Bullish (1H chart)
On the 1-hour chart, prices of ZKUSD remain in an uptrend, resulting in a 5.46% increase in the market value. The prices are above the moving averages and have confirmed a bullish momentum, breaking the previous high. The sustained bullish pressure to a $0.134 high level in the previous action has led to the crypto’s recent high. 
The ZKync price at $0.135 supply level above the EMA-50 as the 1-hour chart commences suggests an uptrend. 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 $0.153 price level.
Additionally, the price signal is pointing upward, suggesting a positive move. In this scenario, the short-term view for ZKsync suggests that the price may rise and remain in an uptrend to hit the $0.160 supply mark soon in its short-term forecast.
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