ZBCN Price Soars: Can Bulls Sustain the Momentum?
The price of Zebec Network has increased 9.08% over the last day, following a general upswing in the cryptocurrency market. The price of ZBCN temporarily fell below support late last week after consolidating inside a small range between $0.00310 and $0.00380 before rising above it. The quick rebound, however, indicates that the move was probably a fake breakdown that shook out weaker holdings before to the present rally.
Zebec Network Eyes $0.0040 as Price Enters Critical Resistance Zone
Today’s 9% increase puts the price of ZBCN in the crucial resistance zone between $0.0036 and $0.0038, which has frequently rebuffed upward momentum over the last two weeks. The market structure may change and allow for additional gains, possibly aiming for the psychological level of $0.0040, if there is a breakout above this region. At $0.0036, this would represent a 12% increase from the current price. At $0.0035, a level that served as resistance before turning into support, there is immediate support on the downside. A secondary and potent support zone that could aid in containing pullbacks is provided by the trading range’s lower boundary, which is located at $0.00310.
Zebec Cards See International Boom After Onboarding ScienceCardUK Users
The Zebec Cards, which come in Black, Silver, and Carbon grades, showed a 7% rise in rolling 4-week volume of $52 million from consumers. Additionally, there are currently 97 nations with nearly 11,900 cards issued. As per the Zebec team, this expansion comes after ScienceCardUK users were successfully onboarded into the Zebec Cards ecosystem. Additionally, the platform gained impetus from the addition of new payroll clients in the United States. Furthermore, Zebec’s leadership recently addressed lawmakers and regulators at the UK House of Lords on July 10, an institutional milestone that probably helped to improve market sentiment.
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