Should You Buy 0x (ZRX) Sunday?

0x receives a strong long-term technical score of 96 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. ZRX currently holds a superior long-term technical analysis score than 96% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving 0x a 96 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on 0x!

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Trading Analysis

The current trading price of $0.810000000 for ZRX is $0.1800000 (27.77%) above the tokens 100-day moving average of $0.640000000. ZRX meanwhile is $0.3600000 (-2256.19%) above its 52-week low of $0.450000000 and -$1.41000000 (-413.36%) under its 52-week high price of $2.220000000. 0x's current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 96. The price movement and range of ZRX suggest that investors are neutral on the token at this time. 0x has a market capitalization of $690,313,563.36 and a relatively average average daily volume with $1,560,279,970.05 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, ZRX's volume is below its seven day average with 116,612,609.75 exchanged. This token's subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.

Summary

ZRX's historical trading over the past year gives it a a strong long-term technical score of 96 as its price movement in that time has given investors reason to be neutral on the token in the long-term. Click Here to get the full Report on 0x (ZRX).