ZRX/USD (0x) Potential 70+% Gain back to ATH

26 Feb 2021

ZRX reached its ATH 5/02/21, since then it has been on a gradual but slow retracement down to 200sma although the general market outlook is still in a bullish trend. 23/02/21 ZRX failed to test the 200 sma, re attempted on 26/02/21 and now we see a small sharp bounce. Notice before entering we may see another retest of the 200 sma at 100% Fib retracement level from ATH levels of 5/02/21 before we can see the cryptocurrency attempt to the push phase back to the upside. Potential 70+% gain back to 2.17USD. If the ATH is broken we can expect to test new highs at 2.43USD. Notice the potential of a double bottom before the big push back to ATHs.