ZRX.X 0x Protocol cryptocurrency Forecast, Technical & Fundamental Analysis

ZRX.X's RSI Oscillator recovers from overbought zone

The 10-day RSI Indicator for ZRX.X moved out of overbought territory on December 09, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 50 instances where the indicator moved out of the overbought zone. In of the 50 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 14, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ZRX.X as a result. In of 137 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ZRX.X turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 66 similar instances when the indicator turned negative. In of the 66 cases the stock turned lower in the days that followed. This puts the odds of success at .

ZRX.X moved below its 50-day moving average on December 25, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ZRX.X crossed bearishly below the 50-day moving average on December 25, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZRX.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ZRX.X broke above its upper Bollinger Band on December 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 97 cases where ZRX.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The 50-day moving average for ZRX.X moved above the 200-day moving average on November 28, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where ZRX.X advanced for three days, in of 457 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 302 cases where ZRX.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .