Markets· ★★· neutral·

ZRO rallies on technical momentum but Evercrest lawsuit over rsETH exploit weighs

  • —RSI (14) at 72.2 — overbought zone, correction risk
  • —MACD bullish: line at 0.116, signal at 0.066, positive histogram
  • —Price above SMA-5, 7, 10, 15, 20, 30, 50 and 90; SMA-200 at $1.25
  • —Market cap $575 million, one-year return -28.28% from $2.12
Why it matters: ZRO's technical momentum is fragile given active legal risk: the rsETH exploit lawsuit could reverse the move at any moment.
Source: DiarioBitcoin