LayerZero Price Surges Back Toward $2 – Can the Comeback Last?

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Rommie Analytics

At roughly $1.85 on Kraken’s daily chart, ZRO was up about 6.1% against the previous close at 21:02 UTC on October 1, with the session still underway.

ZRO has recovered its August trading ceiling

After months of declines, ZRO formed a summer base and rebounded in August. September’s pullback stopped above that base, and the subsequent rally cleared the August peak, establishing the higher low and higher high associated with an emerging uptrend.

LayerZero ZRO/USD daily chart showing price near $1.85, resistance at $1.90–$2.00, support at $1.55–$1.65 and RSI near 78. Read Entire Article