The price of the Zebec network increases by 23%, this crypto could then explode

The price of the Zebec network has jumped 23% in the last 24 hours to negotiate $ 0.00,1552 at 11:34 a.m. is on the negotiation volume which skyrocketed from 110% to 37.9 million dollars.

The Zebec Prize shows a sustained bullish break

THE ZBCN price The graph shows a rounded background motif Claire, which is a strong bullish reverse signal. This model generally indicates a passage of a trend or a prolonged consolidation in an upward trend.

The escape occurred when the price of the Zebec network jumped above the neck resistance around $ 0.0011 – $ 0.0012, confirming the overthrow, according to Geckoterminal data.

After the escape, the prize of the Zebec network experienced a strong movement to exchange at its current level. The momentum of escape is solid, as evidenced by the great bullish candles which formed after the violation of the neck.

In addition, the simple mobile average of 50 periods (SMA) on the 4-hour graph was crossed above the SMA of 200 periods, forming a golden cross at $ 0.000,920, which still validates the bullish trend.

The ZBCN is also subject to an intense purchase pressure, because the relative resistance index (RSI) is negotiated at 77.61, which is in the territory Surbouillé (> 70). Although this indicates a strong bullish dynamic, it also suggests that the price may feel a short -term decline or consolidation before continuing more.

The Histogram of Divergence of Mobile Average Convergence (MacD) is positive, the blue MacD line trendy above the Orange signal line, confirming a bullish trend.

Price prediction ZBCN

The escape above the neckline of the rounded bottom pattern suggests that the price of the ZBCN could see other gains. The measured movement of the diagram implies a potential target around $ 0.0017 – $ 0.0018 in the short term.

However, given the RSI Surboux, a minor withdrawal or consolidation around the area from $ 0.0013 to $ 0.0014 could occur before the next step. Additional pressure would push the price of the Zebec network to the neckline which now acts as a major level of support at around $ 0.001138.

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