ZRO – LayerZero Daily Analysis

March 8, 2025 ZRO – LayerZero Daily Analysis ZRO – LayerZero Daily Analysis

March 8, 2025 ZRO/USDT ZRO - LayerZero Daily Analysis
ZRO – LayerZero Daily Analysis

Outlook

ZRO current price is 2.09 USDT and the current market cap is 6.741.182 USDT. This chart period started 210 days ago (11 August 2024) with a total of 104 days closing above the opening price and 106 days closing below the opening price. The lowest price was 2.04 USDT on 07 March 2025, and the highest price was 7.57 USDT on 06 December 2024. The current price is 2.60% above the lowest price and 72.41% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 2.1622-Day Moving Average: 2.6350-Day Moving Average: 3.06100-Day Moving Average: 4.37250-Day Moving Average: 4.08

Moving Average Analysis

The current price is %3.29 lower than the 5-Day moving average and has been below it for 2 days.The current price is %20.72 lower than the 22-Day moving average and has been below it for 6 days.The current price is %31.80 lower than the 50-Day moving average and has been below it for 22 days.The current price is %52.19 lower than the 100-Day moving average and has been below it for 49 days.The current price is %48.84 lower than the 250-Day moving average and has been below it for 46 days.

Trends

The longest uptrend in the 210 day period is 5 days. It started at 3.38 USDT on 20 August 2024 and ended by increasing by 28.80% to 4.35 USDT on 25 August 2024.The longest downtrend is 6 days. It started at 3.62 USDT on 29 October 2024 and ended by decreasing -16.87% to 3.01 USDT on 04 November 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 2.28 USDT on 03-03-2025 Support: 2.04 USDT on 04-03-2025 Support: 2.14 USDT on 06-03-2025 Support: 2.04 USDT on 07-03-2025Last 7 days resistance levels: Resistance: 2.33 USDT on 06-03-2025The lowest support level is 2.04 USDT on 07-03-2025, and the highest resistance level is 2.33 USDT on 06-03-2025. The percentage difference between these levels is approximately 14.4%.

Volume

Fetched 262 data points, less than 500 days of data. Adjusting limit.The previous trading day’s volume (07-03-2025) 3,865,264.62 USDT. Highest volume in the last 210 days is 32,813,340.07 USDT on 01-12-2024. Lowest volume in the last 210 days is 237,307.55 USDT on 08-03-2025. Difference between highest and lowest volume is 13727.35%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 3,987,017.52 USDT22-day Moving Average Volume: 3,234,611.57 USDT50-day Moving Average Volume: 3,978,129.10 USDT100-day Moving Average Volume: 5,144,070.33 USDT250-day Moving Average Volume: 7,042,878.03 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 3,865,264.62 USDT
Previous day’s volume is 3.05% lower than the 5-day moving average.Previous day’s volume is 19.50% higher than the 22-day moving average.Previous day’s volume is 2.84% lower than the 50-day moving average.Previous day’s volume is 24.86% lower than the 100-day moving average.Previous day’s volume is 45.12% lower than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is 23.26% higher than the 22-day moving average.22-day moving average is -18.69% lower than the 50-day moving average.50-day moving average is -22.67% lower than the 100-day moving average.100-day moving average is -26.96% lower than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 26-08-2024 with a volume of 4,635,331.35 USDT and ended on 30-08-2024 with a volume of 7,855,767.84 USDT, lasting for 4 days and representing a 69.48% increase.The longest consecutive volume decrease started on 09-12-2024 with a volume of 13,361,556.63 USDT and ended on 14-12-2024 with a volume of 2,836,242.52 USDT, lasting for 5 days and representing a 78.77% decrease.

Price Volume Coorelation

During the longest volume increasing period price increase from 4.04 USDT to 4.05 USDT, which represents a 0.20% change.During the longest volume decreasing period price increase from 5.88 USDT to 6.43 USDT, which represents a 9.45% change.

Strategy

It has closed with a decline for the last two days. However, if the uptrend continues tomorrow, the previous day’s open can be the stop-loss, and a ‘long’ position can be taken.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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