0X Price Analysis – 4th March 2021
Both the ZRX/BTC and ZRX/ETH pairs are sitting above the 200-day EMA for the first time since Q3 2020. The ZRX/BTC pair may see further bullish continuation after a break above the 4,000 sat resistance.
0x Price Analysis – Q4 2020 saw nearly $5.75 billion in trade volume through 0x exchanges
BTC and USD ZRX pairs show potential for a bullish reversal trade setup in coming weeks.
0x Price Analysis – DEX trading volumes top $500 million in August
0x relayer trades and trade volumes have increased substantially over the past few months and with staking now live the ZRX token has finally found a use case other than buy and hold.
0x Price Analysis – More Relayers, less token use
Fundamentals show that the quantity of Relayers continues to grow, while the order flow of those relayers has remained relatively flat over the course of the year. On balance, an increase in low-risk options for traders through DEXs is incredibly healthy for an industry plagued with exchange hacks on a regular basis.
