Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of Zurcoin (ZUR) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins. Looking ahead to the new year, several key factors could support Bitcoin’s upward momentum. A significant one will be watching whether Trump follows through on his promises to the cryptocurrency space. The 20-day EMA ($193) is flattish, and the RSI is near the midpoint, indicating a balance between buyers and sellers. If the price stays above the 20-day EMA, the prospects of a break above $203 increase.
How Many Zurcoin Coins Are There?
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. As a journalist, he has covered every futures market traded in the U.S., at one time or another. Since 2017, DigitalCoinPrice has become one of the trusted brands within the crypto community. This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more.
- He received his degree from Iowa State University in Ames, Iowa, where he studied journalism and economics.
- This article does not contain investment advice or recommendations.
- Buyers tried to push the price back above the 50-day SMA on Dec. 28, but the bears held their ground.
- The pair has formed a symmetrical triangle on the 4-hour chart, which usually acts as a continuation pattern.
- The 20-day exponential moving average ($97,257) has started to turn down, and the relative strength index (RSI) is in the negative territory, indicating an advantage to bears.
- A break and close below the 20-day EMA could start a deeper correction toward $2.
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Every investment zurcoin price chart and trading move involves risk, and readers should conduct their own research when making a decision. On the other hand, if the price remains above the 20-EMA, the possibility of a rally to $4 increases. On the contrary, a break and close below the 20-EMA will suggest that the bulls have given up. The bears will gain the upper hand on a break and close below $680. The bears are defending the $722 level, but a positive sign is that the bulls have not allowed the price to dip below the 20-day EMA ($694).
This suggests that the bulls have kept up the pressure and are trying to overcome the barrier at $722. If they succeed, the BNBUSDT pair could pick up momentum and rise to $760 and later to $794. BNB (BNB) has been oscillating between $635 and $722 for the past few days, indicating a balance between supply and demand. Yes, zurcoin is a minable coin and, using the Quark hashing algorithm. The asset’s rise has been driven by multiple factors, with the approval of the spot exchange-traded fund (ETF) in the United States serving as a major catalyst early in the year. Buyers will have to drive the price above $100,000 to seize control.
- Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.
- Instead, if the price breaks below the support line, it will invalidate the bullish setup.
- Even the bear case target of $150,000 is higher than the current price.
- Monero (XMR) has been attempting to start a recovery for the past few days but is facing stiff resistance at $203.
- Looking ahead to the new year, several key factors could support Bitcoin’s upward momentum.
- Buyers are expected to vigorously defend the 50-SMA because the pair may plunge to $2 if the level breaks down.
What is the Zurcoin Max Supply?
It’s just too big a story, because governments all around the world are going to have to do it,” Hougan said. With this in mind, several analysts and institutions have offered projections for the maiden cryptocurrency price 2025. The president-elect has supported the idea of a Bitcoin reserve, though details about the government’s potential holdings and the reserve’s purpose remain unclear. Any new developments in this area will likely play a pivotal role in shaping Bitcoin’s price movements.
Virtuals Protocol (VIRTUAL) resumed its uptrend after breaking out of the stiff overhead resistance at $3.33 on Dec. 27. Monero (XMR) has been attempting to start a recovery for the past few days but is facing stiff resistance at $203. The 4-hour chart shows that the bears are defending the $740 level.
To check Zurcoin’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. On the dissenting part, Galaxy CEO Mike Novogratz is skeptical that a Bitcoin reserve will happen soon. However, if the US government moves toward mainstream cryptocurrency adoption, he expects Bitcoin’s price to surge to $500,000, with other countries likely following suit. “If we do get a Bitcoin strategic reserve where the government is buying Bitcoin … $200,000 bitcoin is going to be looking quaint. You’re going to be looking at $300,000, $400,000, $500,000 bitcoin.
Instead, if the price breaks below the support line, it will invalidate the bullish setup. The failure of a bullish setup is a bearish sign as it traps several aggressive bulls. The pair has formed a symmetrical triangle on the 4-hour chart, which usually acts as a continuation pattern. The flattish moving averages and the RSI just below the midpoint do not give a clear advantage either to the bulls or the bears. Jim is the proprietor of the “Jim Wyckoff on the Markets” analytical, educational and trading advisory service. Jim also worked as a technical analyst for Dow Jones Newswires and as the senior market analyst with TraderPlanet.com.
The 20-day exponential moving average ($97,257) has started to turn down, and the relative strength index (RSI) is in the negative territory, indicating an advantage to bears. Crypto mining firm Blockware Solutions said in a market forecast report viewed by Cointelegraph that Bitcoin’s base case target for 2025 is $225,000. Even the bear case target of $150,000 is higher than the current price.
Alternatively, the pair may drop to the support line if the price stays below the moving averages. This negative view is likely to be invalidated in the near term if buyers push and maintain the price above $100,000. That could open the doors for a retest of the all-time high at $108,353. Buyers tried to push the price back above the 50-day SMA on Dec. 28, but the bears held their ground.
Let’s look at the charts of the top 5 cryptocurrencies that may outperform in the near term if the sentiment turns bullish. Bitcoin could not hold on to the recovery attempts during the past week, signaling selling by the bears at higher levels. Although buyers failed to push the price above $100,000, they have not ceded much ground to the sellers. This suggests that the bulls are holding on to their positions as they anticipate another leg higher. Trading and investing in digital assets is highly speculative and comes with many risks.
There are currently 0 Zurcoin coins circulating out of a max supply of 127,500,000. Analysts at VanEck also have a cautiously optimistic outlook for Bitcoin in 2025, projecting a record high of $180,000. However, they anticipate significant volatility throughout the year. The 14-Day Relative Strength Index (RSI) is at 40.33 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways. The highest price ever for one Zurcoin (ZUR) was $0.016 on 06 Aug 2017, 7 years ago.
