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ZRX trading, the enthusiasm is back for 0x

Today, what makes the analysis of the last days different, is ZRX trading, since the 0x token has been listed on Coinbase.

As for the rest of the crypto market, the return of short-term volatility can be reported. Daily volumes return to the average of the past week, after reaching the second peak of the last six months.

The most famous cryptocurrencies remain in negative territory for the second consecutive day: without arousing particular tensions, a level of balance is necessary from which to begin resuming the rise.

Source: https://it.tradingview.com/symbols/ZRXUSD/

ZRX Trading

0x (ZRX) wins the title of the best of the day. After the announcement of recent days, benefits from being listed on the Coinbase exchange. From today, in fact, you can buy and trade the ZRX token on this platform. This event not only made the volumes skyrocket but also the prices experienced a rise of more than 20% from yesterday’s levels.

This condition raises the capitalization to about 500 million dollars, undermining direct competitors such as OmiseGo (OMG) and MakerDAO (MKR).

Total capitalisation fluctuates around the $210 billion threshold with bitcoin anchored to the 54% of market share.

Source: https://it.tradingview.com/symbols/BTCUSD/

Bitcoin (BTC)

The first attempt to get back over 6800 dollars on the Bitfinex platform fails. The differential with the other exchanges continues to be limited and, as of this afternoon, it falls below 200 dollars. The $6400 holding is important in order not to fulfil the wishes of the bears once again.

Source: https://it.tradingview.com/symbols/ETHUSD/

Ethereum (ETH)

Prices are slowly returning to revise the support of 210 dollars. For bulls it will be important not to sink below 200, resuming the climb above 230 dollars. Otherwise, they will suffer again, to the benefit of bears which are ready to strike again.

Federico Izzi
Federico Izzi
Financial analyst and independent #trader – S.I.A.T. & Assob.it partner. He operates actively on stock and derivatives markets (futures and options) since 1997. A precursor of cyclic-volumetric analysis he is known for having identified the most important upward and downward movements in the financial markets of recent years. He participates annually as a speaker at the ITForum in Rimini since the 2010 edition and InvestingRoma and Napoli since the first edition of 2015. He is a guest and market expert on the "Trading Room" and "Market Driver" broadcasts of Class CNBC, Borsa Diretta.tv and on the evening news of Traderlink. Since July 2017 he is a permanent guest on LeFonti.TV, the only weekly national space dedicated to cryptocurrencies alongside the most important international experts in the field. He was interviewed as a cryptocurrency expert for Forbes Italia, Panorama, StartupItalia and DonnaModerna. He was recognized as the first Italian technical analyst to have published the first secular cyclic analysis on Bitcoin. Periodically publishes articles on ITForum News, Sole24Ore, MILANOFINANZA, TrendOnLine and Wall Street Italy. Federico Izzi is... "Zio Romolo".