On Wednesday, LayerZero (ZRO) resumed its upward movement to the level of $2. The shift was amidst marketwide weakness related to the current trade war between On Wednesday, LayerZero (ZRO) resumed its upward movement to the level of $2. The shift was amidst marketwide weakness related to the current trade war between

LayerZero (ZRO) Eyes $2 Breakout After Major 25M Token Unlock

On Wednesday, LayerZero (ZRO) resumed its upward movement to the level of $2. The shift was amidst marketwide weakness related to the current trade war between the US and the EU. The rally was also preceded by a large unlock event which introduced over 25 million tokens into circulation.

On Tuesday, ZRO took a new supply issue amounting to 25.71 million tokens. This has valued 6.36% of the total supply, and it was vested primarily among the private investors and core team. The consistent rebound indicates a consistent buying influence despite the growth in the supply in circulation.

Source: Tokenomist

Market data supports the strength of this recovery. According to the analysts, ZRO still trades in a bullish pattern in larger timeframes. The support levels are also seen to be holding, and traders continue operating even though the larger market is volatile.

ZRO Breakout Patterns Strengthen as Momentum Builds

Analyst CryptoBull highlighted that ZRO will be ready to break out of a declining triangle on the day chart. He explained that bulls would be able to aim at a 100-120% upside in case the actual price remained above the marked support and resistance range. He said that there is increased volume, which points to healthier momentum.

Source: X

Moreover, another analyst, Jonathan Carter, mentioned that ZRO has already confirmed a breakout of a falling wedge pattern on the three-day graph. He mentioned momentum building up and stated that the breakout structure is still intact. He had set target levels, which were at $2.40, $3.30, $4.80, and $7.00.

Source: X

Also Read: LayerZero ZRO Price Alert: Could Hit $5.20 Soon!

Open Interest Shows Strong Uptick

CoinGlass data shows that ZRO futures open interest rose 32.69% in the last 24 hours to $54.38 million. The funding rate climbed from -0.0353% to -0.0060%, suggesting reduced selling pressure from new positions.

Source: CoinGlass

ZRO Tests Key EMAs as Golden Cross Signals Strength

At the time of press, ZRO was trading up by 12.02%. It rose above the 200-day Exponential Moving Average at $1.784. The trend of EMA 50 is gradually moving toward the 100-day EMA. This progress suggests the prospects of Golden Cross in case the trend persists.

The MACD line moves beyond the signal line on the daily chart. The good histogram was stretched and had a positive constant upward trend. The Relative Strength Index was at 80. This represents positive buying pressure, but the token is also overbought.

Source: TradingView

The potential level of resistance is the October 13 close of $2.036. The region is connected to a psychological boundary at the $2 mark. Traders will monitor whether the ZRO test level passes through this resistance without any correction.

Support is at the 200-day EMA of $1.784 in case of weak momentum. The probability of profit-taking is high in the wake of the recent token unlock. The next support area may be the 100-day EMA at $1.557 in a deeper pullback.

Also Read: Chainlink Launches 24/5 U.S. Equities Data for DeFi Integration

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

‘His And Hers’ Finally Dethroned In Netflix’s Top 10 List By A New Show

‘His And Hers’ Finally Dethroned In Netflix’s Top 10 List By A New Show

The post ‘His And Hers’ Finally Dethroned In Netflix’s Top 10 List By A New Show appeared on BitcoinEthereumNews.com. Netflix’s megahit miniseries, His and Hers
Share
BitcoinEthereumNews2026/01/30 01:55
United States B2C Ecommerce Business Report 2025: Amazon, Walmart, Apple, Home Depot, Target Lead the $1.8 Trillion Market, Instacart, DoorDash, Uber Eats Expanded Their Presence – Forecast to 2029 – ResearchAndMarkets.com

United States B2C Ecommerce Business Report 2025: Amazon, Walmart, Apple, Home Depot, Target Lead the $1.8 Trillion Market, Instacart, DoorDash, Uber Eats Expanded Their Presence – Forecast to 2029 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “United States B2C Ecommerce Market Size & Forecast by Value and Volume Across 80+ KPIs – Databook Q4 2025 Update” report has been added
Share
AI Journal2026/01/30 02:00
BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

The post BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Curacao, Curacao, September 17th, 2025, Chainwire BetFury steps onto the stage of SBC Summit Lisbon 2025 — one of the key gatherings in the iGaming calendar. From 16 to 18 September, the platform showcases its brand strength, deepens affiliate connections, and outlines its plans for global expansion. BetFury continues to play a role in the evolving crypto and iGaming partnership landscape. BetFury’s Participation at SBC Summit The SBC Summit gathers over 25,000 delegates, including 6,000+ affiliates — the largest concentration of affiliate professionals in iGaming. For BetFury, this isn’t just visibility, it’s a strategic chance to present its Affiliate Program to the right audience. Face-to-face meetings, dedicated networking zones, and affiliate-focused sessions make Lisbon the ideal ground to build new partnerships and strengthen existing ones. BetFury Meets Affiliate Leaders at its Massive Stand BetFury arrives at the summit with a massive stand placed right in the center of the Affiliate zone. Designed as a true meeting hub, the stand combines large LED screens, a sleek interior, and the best coffee at the event — but its core mission goes far beyond style. Here, BetFury’s team welcomes partners and affiliates to discuss tailored collaborations, explore growth opportunities across multiple GEOs, and expand its global Affiliate Program. To make the experience even more engaging, the stand also hosts: Affiliate Lottery — a branded drum filled with exclusive offers and personalized deals for affiliates. Merch Kits — premium giveaways to boost brand recognition and leave visitors with a lasting conference memory. Besides, at SBC Summit Lisbon, attendees have a chance to meet the BetFury team along…
Share
BitcoinEthereumNews2025/09/18 01:20