ZRX scenarios for next 2-3 weeks

14 févr. 2021

Two scenarios for next wave of price movement for the rest of the month.

Bullish scenario sees breaking through to 3.618, bearish scenario assumes further consolidation. Even under an ALT bloodbath, not expecting a fall beyond 1.00 - 1.40.

Leaning bullish as even though we see bearish divergence on RSI, we have some degree of support and room for another big move.

14 févr. 2021

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Price target of $2.5 - $3.0 by EOM

15 févr. 2021

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Break of upward channel with strong support at 1.45 as expected. Significant buying pressure mitigating initial plummet indicates $2-$3 is still on the cards.

A more significant plummet (like 1INCH) would have shown that price increases over the last month are very temporary.

Healthy pullback. I expect support at $1.5 to form as we continue down over the next day or so. Post consolidation, expect a big swing up.

16 févr. 2021

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Moving exactly as per bearish short-term scenario, should continue to consolidate over next coming days before a big breakout to a T1 of 2.1ish

17 févr. 2021

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Bounce, but not compelling - expect BTC price growth to cycle into ETH and then lower caps over coming weeks to support more decisive breakout

22 févr. 2021

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I'm basically a prophet.