Zebec Network (ZBCN) Eyes Further Gains After 440% Surge

zebec network

Zebec Network (ZBCN) has posted a staggering 440% gain over the last month, positioning itself among the top-performing altcoins in the current market cycle. Despite signs of cooling from momentum indicators, the token remains in bullish territory, underpinned by resilient technical support.

While some short-term consolidation may occur, ZBCN retains strong upside potential, particularly if it can decisively break through key resistance levels.

Zebec Network (ZBCN) Maintains Bullish Structure as BBTrend Holds Positive

Zebec Network (ZBCN) continues to trade in bullish territory, with its BBTrend indicator currently reading 17.38. This marks 13 consecutive days above zero, a sign of sustained upward momentum, even as the pace of gains appears to be easing.

Just days ago, the BBTrend spiked to 53.9, reflecting a surge in volatility and strong directional momentum. While the current level has moderated significantly, the trend remains upward, suggesting that bulls are still in control, though possibly pausing after recent gains.

ZBCN has climbed over 106% in the past week alone, further cementing its status as one of the top-performing altcoins in recent sessions. The BBTrend, or Bollinger Band Trend, indicator gauges trend strength based on the spread between Bollinger Bands. Values above zero typically indicate bullish market conditions, while declining figures may point to a weakening trend or potential consolidation.

As long as BBTrend stays in positive territory, the uptrend remains technically intact. However, continued decreases could hint at momentum fading or a short-term correction before the next leg higher. A renewed uptick in the indicator would signal that bullish pressure is once again building.

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Zebec Network (ZBCN) Trend Remains Strong Despite Slowing Bullish Momentum

Zebec Network (ZBCN) is still exhibiting strong bullish structure, although momentum has slightly moderated in recent days. According to the latest Directional Movement Index (DMI) data, the Average Directional Index (ADX) currently sits at 39.6. This is down from a recent high of 57.9 but still signals a robust trend.

After dipping to 38.2 two days ago, the ADX has since stabilized, indicating that while trend strength has cooled off from its peak, the broader uptrend remains intact. This is further supported by the +DI, or Positive Directional Indicator, which measures bullish pressure. Currently at 25, it has declined from 35.8 the previous day, yet it continues to significantly outpace the -DI, which remains low at 9.7.

The disparity between the +DI and -DI lines suggests that bearish sentiment remains limited, even as buyers take a step back. With the ADX holding above 40, a threshold that typically denotes strong trend momentum, Zebec appears to be maintaining its upward trajectory.

Should the +DI line find footing or begin to rise again, it may signal renewed buying strength and potential for further gains. Conversely, a continued decline in both ADX and +DI could hint at an upcoming consolidation phase or a weakening of the bullish trend.

The ADX, a key component of the DMI system, is used to measure the strength of a market trend regardless of direction. Readings above 25 confirm that a trend is in place, while values above 40 suggest that momentum is particularly strong. With ZBCN’s ADX still well above that threshold, the trend remains in favor of the bulls for now.

Zebec Network (ZBCN) Holds Bullish EMA Structure as Price Tests Resistance

Zebec Network (ZBCN) continues to show a strong technical setup, with its Exponential Moving Average (EMA) structure clearly favoring bulls. On the 4-hour chart, the 20 EMA is holding at $0.005743, well above the 50 EMA at $0.004707, the 100 EMA at $0.003741, and the 200 EMA at $0.002835. The widening gap between short- and long-term moving averages underscores a persistent uptrend and steady buying pressure.

Currently trading around $0.00654, ZBCN is hovering just below its recent high near the $0.00700 level. A confirmed breakout above the $0.0069 resistance zone could pave the way for a potential rally toward the $0.0080 mark, establishing a new all-time high and reinforcing bullish dominance.

Despite this momentum, traders should monitor key support levels closely. The 20 EMA at $0.005743 is acting as immediate support. A drop below this level could open the door for further downside toward the 50 EMA at $0.004707. If bearish pressure intensifies, deeper support rests at $0.003741 and $0.002835, corresponding to the 100 and 200 EMAs respectively.

Overall, the upward-sloping EMA stack confirms that Zebec remains in a well-established uptrend. However, whether this bullish structure holds will depend on the price action near current resistance and the ability of short-term support levels to withstand any pullbacks.

Disclaimer
The information provided in this article is for informational purposes only and reflects the author’s opinion. It should not be construed as financial, legal, or investment advice. The cryptocurrency market is volatile and carries risks. Please conduct your own research before making any decisions.

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