The world’s most significant node source is provided with a distinct zero-knowledge network’s enhanced blockchain, the Horizen. The Zendo protocol supports the latter’s interoperability.
ZEN is Horizen’s native crypto asset, a mineable P-o-W coin that showed a breakout in the past few sessions. However, a breakout retest pattern was spotted, and the token reached the neckline mark of $10 this week.
Since June 2024, it has traded under the bullish influence and showed a massive upsurge, recording a range breakout. Last week, a profit booking move was noted, and the token retested the key 200-day EMA support zone.
Still, the short-term trend was bullish, and the token revealed the buying pressure. When writing, the ZEN token traded at $10.15 with an intraday gain of 6% and a weekly gain of 10%.
Can Horizen (ZEN) Go Beyond the $13 Mark This Month?
Despite a significant one-sided vertical upmove, the ZEN price faced a temporary cluster of $13 and returned from there.
We współpracy z: https://www.thecoinrepublic.com/2024/08/02/zen-retested-10-mark-could-it-trigger-a-turnaround-ahead/