LayerZero (ZRO) Price Prediction Will it Hit a Record High?

Bittime - LayerZero (ZRO), one of the crypto assets that is currently on the rise, has not escaped price correction in the last few hours. So, what is the price prediction for LayerZero (ZRO)? Check out this article to find out!

With fluctuating market conditions, will ZRO be able to rise and set an all-time high (ATH) in the coming weeks?

LayerZero (ZRO) Price Performance

Even though the price fell around 6.9% in the past day with a trading volume of $224.4 million (around IDR 3.6 trillion), the price of ZRO has actually jumped 13% in the past week and 82.74% since its initial launch.

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Currently, ZRO is trading at around $4.51 (around Rp. 73,340) with a circulating supply of 110 million tokens and a total supply of 1 billion tokens. ZRO's market capitalization reached $498.3 million (around IDR 8.1 trillion), placing it in 120th position.

LayerZero Will Rise?

The SMA (Simple Moving Average) technical indicator on the 1-day chart shows a potential bullish convergence signal, which indicates increasing positive sentiment towards crypto assets.

Additionally, the Moving Average Convergence Divergence (MACD) indicator shows a consistently declining red histogram, while its average records a decline in bearish sentiment. This raises the high possibility of a trend reversal to the bullish direction in the near future.

Also Read How To Buy Crypto:

Will ZRO Hit Record High This Month?

If market momentum returns to positive, ZRO price is poised to test its ATH at $5,570 (around Rp. 90,374) in the coming weeks.

However, if selling pressure increases, ZRO has the potential to return to the support level of $4,525 (around Rp. 73,230). Furthermore, if selling pressure continues to dominate, the price of ZRO could fall to the lowest support level of $3.50 (around Rp. 56,700) in the near future.

LayerZero (ZRO) Latest Price Movement

Based on the latest data on June 25, 2024, the live price of ZRO is in the range of $4.5 (around IDR 73,000) with a 24-hour trading volume of $245,008,829 (around IDR 3.94 trillion). This means that the price of ZRO is experiencing a 6% decline in the last 24 hours.

How to Buy LayerZero (ZRO) on Bittime

You can buy and sell LayerZero (ZRO) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

LayerZero (ZRO) available on Bittime with market pair ZRO/IDR. To be able to buy ZRO IDR Of Bittime Make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Study Complete guide on how to buy LayerZero (ZRO) on Bittime. 

Monitor graphic movement price LayerZero (ZRO), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.