Binance has announced the launch of ZRCUSDT perpetual contracts, introducing leveraged trading for Zircuit’s cryptocurrency and potentially accelerating its recent price surge. This development arrives as ZRC has already rallied 165% since late June, driven by technical momentum and market activity.
The cryptocurrency recently recorded a 35% single-day price increase following Zircuit’s introduction of an AI-powered trading product, significantly boosting market sentiment and reinforcing the project’s position as an industry innovator. Technical indicators support the bullish trajectory with key metrics such as MACD and RSI showing strength alongside a bullish crossover where the 20-day EMA surpassed the 50-day SMA.
Currently trading in a consolidation phase above critical support at $0.033, ZRC faces its next technical resistance levels at $0.050 and $0.055. Binance’s launch of perpetual contracts is expected to amplify trading activity through leveraged positions, potentially increasing liquidity and volatility for the asset.