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Crypto & Bitcoin

LayerZero price stalls below $2.50: Is $2.15 next?

Reported by Lawrence Mondal, crypto.news

Image: crypto.news

LayerZero price has retreated from $2.483 to around $2.29, leaving ZRO below daily resistance at $2.344 as traders approach a 23.63 million-token unlock on Oct. 20. ZRO price traded near $2.29 after reaching $2.483, with its daily chart still showing an 8.27% gain. Daily resistance stands at $2.344, while the next lower chart level sits at $2.148. The 4-hour Supertrend sits at $2.089, with ADX measuring 24.31. DefiLlama lists 23.63 million ZRO for release on Oct. 20, equal to 5.92% of circulating supply. TradingView’s Binance ZRO/USDT charts showed LayerZero trading at $2.29 on Oct.

This is an excerpt. The reporting belongs to crypto.news.

Read the full report on crypto.news
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