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Zoocoin value adds 8182% in latest uptrend

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TL;DR Breakdown

  • Zoocoin is all green on the 24-hour chart after increasing its value by 8182%.
  • The 1-hour chart suggests Zoocoin price has surged by 7 times

Zoocoin price prediction: General price overview

Zoocoin value adds 8182% in latest uptrend 1
(Source: Tradeview)

Zoocoin is all green on the 24-hour chart after increasing its value by 8182%.  It’s not every time that a digital asset paints three white soldiers and confirms the continuation of a retracement with far more white soldier candles. Particular when the broader cryptocurrency market is performing within a bearish trendline. But for Zoocoin, everything seems good.

The coin has not yet found any key resistance but only a few weaknesses that were not enough to kill stronger buyer pressure.  It recorded an all-time high within an hour of the uptrend and the bulls are still counting. There seems to be an obsession around small coins as most of them have undergone explosive growth despite a crashing cryptocurrency market. 

Zoocoin price movement on the 1-hour chart

The 1-hour chart suggests Zoocoin price has surged by 7 times its price and moved key support from 500% to 5500%. 

Zoocoin value adds 8182% in latest uptrend 2
(Source: Tradeview)

My perspective is this bullish trend will continue granted the continued growth of DEX usage.  Lots of traders might as well purchase the short dips to further boost the token’s price. But still, we can not rule out a bearish reversal given what’s taking place across BTC and other digital currencies. 

Zoocoin is the native token of the Zoo ecosystem which aims to facilitate investment in cryptocurrencies, deployment of decentralized applications as well as fast and affordable transactions.  

Zoocoin price prediction: Conclusion

Emerging coins are set to grow following the high cost of giant coins. More investors are resorting to low-cost but profitable digital currencies in their quest to discover the next Dogecoin (DOGE). Undoubtedly, the value of such assets is set to grow and return value back to investors. Zoocoin for a fact is on its way there as a bridge for traders to swap between animal cryptos such as SHIB, DOGE, PIG and so on.

At the time of writing, Zoocoin is running a giveaway. Remain updated by visiting their social media handles below: 

Twitter: https://twitter.com/Zoolet_app?s=09

Telegram: https://t.me/joinchat/UJFu2sseZKs3Yzgy

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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