Binance’s Upcoming ZRC Perps Could Potentially Influence Zircuit Crypto’s Price Movement
Main Idea
Binance's upcoming launch of ZRC perpetual contracts on July 29 is expected to further boost Zircuit crypto's price, which has already surged 165% since late June, supported by strong technical indicators and market interest.
Key Points
1. Zircuit crypto surged 165% from late June to July, with a 35% jump on July 24 following the announcement of an AI-powered trading product.
2. Binance's ZRCUSDT perpetual contract launch on July 29 introduces leveraged trading, likely amplifying buying momentum.
3. Technical indicators like MACD and RSI support a bullish outlook, with the 20-day EMA crossing above the 50-day SMA.
4. Zircuit's price is consolidating above $0.033 support, with next resistance targets at $0.050 and $0.055.
5. The AI-powered trading product announcement has boosted market sentiment, positioning Zircuit as a forward-thinking project.
Description
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