LayerZero’s ZRO token has experienced a remarkable 36% surge in the past week, driven by a positive market sentiment ignited by Bitcoin’s latest rebound. CoinMarketCap data reveals that Bitcoin soared beyond $63.7K yesterday, a notable jump from the previous week’s low of $59.9K, before finding stability just above the $62.9K threshold. As of press time, […]
The post LayerZero’s ZRO Token Surges 36% Weekly, Eyes $4.00 Resistance Level appeared first on Coin Edition.
- LayerZero’s ZRO token surged 36% weekly, boosted by Bitcoin’s rebound past $63.7K.
- ZRO’s market cap rose 11.13%, ranking it 140th, with trading volume up 15.93% to $495.39M.
- Technicals suggest consolidation or pullback before a potential breakout past the $4.00 resistance.
LayerZero’s ZRO token has experienced a remarkable 36% surge in the past week, driven by a positive market sentiment ignited by Bitcoin’s latest rebound. CoinMarketCap data reveals that Bitcoin soared beyond $63.7K yesterday, a notable jump from the previous week’s low of $59.9K, before finding stability just above the $62.9K threshold.
As of press time, ZRO is trading at $3.82, marking an 11.09% increase in the past 24 hours. This surge has boosted ZRO’s market capitalization by 11.13% to $420,426,035, placing it at the 140th rank. The 24-hour trading volume has also climbed 15.93%, reaching $495.39 million.
Source: CoinMarketCap
Despite these gains, ZRO still shows a 5.89% decline on its monthly chart, indicating some lingering bearish sentiment. However, if the bullish momentum persists and ZRO surpasses the $4.00 intraday resistance level, it could potentially reverse the bear…
The post LayerZero’s ZRO Token Surges 36% Weekly, Eyes $4.00 Resistance Level appeared first on Coin Edition.