Zebec Sets Price Target for 44% Increase Following Bullish Reversal Confirmation
Zebec Price Movement: Zebec Network (ZBCN) is currently trading at $0.004, showing a 3.3% increase in the last 24 hours, but remains down 26% from its August high. The token is forming a bullish falling wedge pattern, indicating a potential breakout that could lead to a 44% price increase.
Staking and Partnerships: Over 5 billion ZBCN tokens have been staked, reducing circulating supply and potentially increasing price pressure. Recent partnerships with Turnkey and Asure Software may enhance community interest and adoption of crypto payroll systems, further supporting the token's growth.
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Technical Analysis for ZBCN
Technical Sentiment Analysis for Zebec Network (ZBCN) As of , Zebec Network (ZBCN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ZBCN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ZBCN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Zebec Network (ZBCN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000423 | 0.000962 | 0.00154 | 0.00208 | 0.00266 | 0.0032 | 0.00377 |
| Fibonacci | 0.000962 | 0.00139 | 0.00165 | 0.00208 | 0.00251 | 0.00277 | 0.0032 |
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