ZORA is making a serious move, up 63.94% on the daily chart and now trading around $0.0102.
The price has pushed well above the 7 day and 30 day moving averages, while MACD has turned strongly positive, showing rising momentum.
But RSI is around 80, so the move is already stretched, and a pullback could happen.
The key level to watch is $0.0100. And if $ZORA holds above it, the recent $0.01198 high could come back into focus.
Zora’s ecosystem remains centred on onchain creators and content.
That could decide whether this breakout continues. #Macro Insights#
The price has pushed well above the 7 day and 30 day moving averages, while MACD has turned strongly positive, showing rising momentum.
But RSI is around 80, so the move is already stretched, and a pullback could happen.
The key level to watch is $0.0100. And if $ZORA holds above it, the recent $0.01198 high could come back into focus.
Zora’s ecosystem remains centred on onchain creators and content.
That could decide whether this breakout continues. #Macro Insights#
