Markets· ★★· bearish·

ZRO drops 4.63% to $1.95, tests technical support levels

  • —ZRO trades at $1.95, down 4.63% on the day
  • —Price sits below SMA-7 but above SMA-20 and SMA-200
  • —Daily volume of $101.9 million is 7.60% below the 30-day average
  • —Market cap at $782.1 million, 73.7% below the $7.45 all-time high
Why it matters: The decline looks like profit-taking after a 88.57% 30-day rally; a recovery above $2.03–2.05 would be needed to confirm a reversal.
Source: DiarioBitcoin