Ox Price Prediction 2022: Will ZRX Price Moon-Shot By 2X?

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The digital asset had commenced its trade for the year of 2022, with a price tag of $0.798. Like most of the other cryptocurrencies, ZRX’s price fell vulnerable to a market crash on January 5th. Where the altcoin had almost lost over 10% of its valuation reaching $0.7417. The downtrend further aggravated amidst the market-wide crash. Which brought the price down to its multi-month low of $0.498 by the 25th of January.

Following this, the bulls helped the digital asset bounce back from the oversold regions. Taking the price 45% higher to $0.728 by the 10th of February. However, growing uncertainty and FUD in the midst of global tensities, dragged the price down to $0.472 by the 15th of March. Thereafter, a bullish ascend closed the trade for the first quarter at $0.845.

Ox (ZRX) Price Prediction For Q2
If the altcoin manages to build up on volumes and establish its hold at its current support levels of $0.0414. An uptrend will help close the quarter at $0.56. On the flip side, a prolonged bear run might slash the price to $0.352. That said, a balance in buying and selling pressures will land the price at $0.4948.

Forecast Of Ox For Q3
Ox protocol being the liquidity endpoint for Defis on a host of prominent chains. Such as Ethereum, Avalanche, and Fantom, amongst others, might attract newer chains. Moreover, ERC-20 tokens could rise in demand by the second half of the year, following ETH 2.0. Wherefore, ZRX’s price might chug up to its potential high of $0.75.

On the contrary, the lack of stimulating catalysts could push the price down to $0.542. Constrained by linear price propulsion, the regular price might land at $0.637.

Prediction Of ZRX For Q4
If the makers of the protocol make hay while the sunshines, amidst the optimism of the fourth quarter. By releasing community-building initiatives and necessary amendments. The growing userbase might help push the price to a maximum of $1.024.

However, if the network comes across negative criticism, the bears might haunt the price down to the local lows at $0.725. Considering the bullish and bearish targets, the average price might settle at $0.878.

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