As an example, you have acquired Zurcoin at different prices, which makes it difficult to identify the individual purchasing prices. Zurcoin is a Proof of Work cryptocurrency based on Quarkcoin and Bitcoin. ZUR uses the Quark hashing algorithm and has a 42 second block time.
A break and close above the triangle would increase the likelihood of the resumption of the uptrend. If buyers want to retain the advantage, they will have to swiftly drive the price above $362. If they manage to do that, the pair could retest the overhead resistance at $400. Sellers are expected to mount a strong defense at $400, but if the bulls prevail, the pair may start the next leg of the uptrend toward $450.
If the price rebounds off the 20-EMA, the bulls will make one more attempt to push the pair above $740. Along with Bitcoin (BTC), traders also seem to be bullish on Ether ETHUSD. The United States spot Ether exchange-traded funds (ETFs) witnessed massive inflows of over $2.5 billion in December, nearly double that of November. Asset management firm VanEck has a target of more than $6,000 for Ether in 2025. Zurcoin (ZUR) is trading at $1.14 USD, increasing by 5,583.79% since yesterday. Using a crypto portfolio tracker has become more convenient than it was in the past.
Zurcoin using POW consensus algorithm called Proof of Work to secure its network and validate transactions. As POW crypto coin, new ZUR’s are generated through the mining process, so new assets are created on each block. Elsewhere, Bitcoin’s price could soar to $500,000 if the national reserve is established, according to Matt Hougan, Chief Investment Officer of Bitwise Asset Management.
Zurcoin (ZUR) is the #5456 largest cryptocurrency by market cap as of December 31, 2024, with a market cap of $0 USD. Would you like to know how many cryptocurrencies 1 ZUR is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice’s Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like ZUR to BTC, ZUR to EYWA, ZUR to XRP, ZUR to ETH, ZUR to SOL, ZUR to SUI, ZUR to DOGE, ZUR to HBAR, ZUR to LINK, ZUR to PEPE . Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.
Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 926 exchanges. Both moving averages are sloping up, and the RSI is in positive territory, indicating an advantage to buyers. Buyers are expected to vigorously defend the 50-SMA because the pair may plunge to $2 if the level breaks down.
Hougan also forecasted that Bitcoin could reach $200,000 in 2025, driven by growing demand for the digital asset. For instance, Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has forecasted a potential Bitcoin price of $1 million in 2025. As of press time, Bitcoin is trading at $93,450, reflecting a 121% rally year-to-date. Most recently, Bitcoin surged to a record high of $108,000, fueled by post-election optimism following Donald Trump’s victory. His stance on pro-cryptocurrency policies has led many to expect further market gains. This article does not contain investment advice or recommendations.
How Many Zurcoin Coins Are There?
On the other hand, some experts have shared the possible impact of a Bitcoin reserve on the cryptocurrency’s price in 2025. “We believe the crypto bull market will persist through 2025, reaching its first peak in the first quarter. At the cycle’s apex, we project Bitcoin to be valued at around $180,000,” the analysts noted. In a December 13 report, analysts Matthew Sigel and Patrick Bush stated that Bitcoin will likely experience a 30% price drop after reaching new highs early in the year. Following this, the market will likely undergo a period of consolidation in the summer before a final price surge toward the end of 2025. Geoff Kendrick, the bank’s Global Head of Digital Assets Research, said institutional investors would drive the $200,000 valuation, with inflows maintaining or surpassing 2024’s pace.
- The failure of a bullish setup is a bearish sign as it traps several aggressive bulls.
- You can convert and check any crypto pairs like ZUR to BTC, ZUR to EYWA, ZUR to XRP, ZUR to ETH, ZUR to SOL, ZUR to SUI, ZUR to DOGE, ZUR to HBAR, ZUR to LINK, ZUR to PEPE .
- The BTCUSDT pair could slide to the $90,000 support, where the bulls are expected to mount a strong defense.
- As an example, you have acquired Zurcoin at different prices, which makes it difficult to identify the individual purchasing prices.
- Any new developments in this area will likely play a pivotal role in shaping Bitcoin’s price movements.
- If the price rises and stays above the moving averages, the pair may rise to the resistance line.
Zurcoin price analysis for today (December 12,
At this moment, we can’t calculate the market cap as we don’t have the best approximation of the circulating supply. However, using the total supply as of Dec 31, The market capitalization of Zurcoin will be $14.2 Thousand. The Zurcoin price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. On the downside, a break and close below $3.33 will be the first sign of weakness.
Financial Intelligence for Cryptocurrencies
By exchanging ZUR against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Zurcoin can be earned or received in various ways. ZUR considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. The given all are fiat currency and the most widespread pairs in the market.
- Geoff Kendrick, the bank’s Global Head of Digital Assets Research, said institutional investors would drive the $200,000 valuation, with inflows maintaining or surpassing 2024’s pace.
- Let’s look at the charts of the top 5 cryptocurrencies that may outperform in the near term if the sentiment turns bullish.
- If the price rebounds off the 20-EMA, the bulls will make one more attempt to push the pair above $740.
- In a December 13 report, analysts Matthew Sigel and Patrick Bush stated that Bitcoin will likely experience a 30% price drop after reaching new highs early in the year.
- Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
Jim is also a consultant with the highly respected “Pro Farmer” agricultural advisory service. He received his degree from Iowa State University in Ames, Iowa, where he studied journalism and economics. Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity.
Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Zurcoin price chart. To see more analysis and outlook, please check the Zurcoin price prediction page. Contrary to this assumption, if the price turns down sharply and breaks below the moving averages, it will signal that the range-bound action may continue for a few more days. The bears will gain the upper hand on a break below the uptrend line.
The pair may then drop to the 20-day EMA, which is a crucial level to watch for. If the price rebounds off the 20-day EMA with force, the bulls will again try to resume the uptrend. A break and close below the 20-day EMA could start a deeper correction toward $2. The BTCUSDT pair could slide to the $90,000 support, where the zurcoin price chart bulls are expected to mount a strong defense. If the price rebounds off $90,000 and rises above the moving averages, it will signal solid demand at lower levels. What are the critical support levels on Bitcoin that may start a rebound?
