• Tue. Apr 23rd, 2024

Price Analysis of ZelaaPayAE (ZPAE) and CoTrader (COT)

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Mar 21, 2022

The prices for ZelaaPayeAE and CoTrader have recorded high rallies on their protocols that have significantly increased their prices. CoinMarketCap has shared technical analyses on both cryptocurrencies predicting where they would be in near future.

ZelaaPayAE (ZPAE) Stocks Surge by 103.35%

ZelaaPayAE’s value has reportedly experienced an upsurge in the past 24-hours, significantly elevating its unit price. The report from CoinMarketCap shows that the value of ZelaaPayAE on March 13, was at a low of $0.0004257 per ZPAE.

However, the bulls came in full force, which eventually pushed the unit price of ZelaaPayAE up to a high figure. At the time of publication, the unit price of ZelaaPayAE is worth $0.0007013 per ZPAE.

Even now, the sentiments of the investors are mainly bullish, and they are willing to make high investments to push its price higher. If the investors remain at the positive end, providing full support to the bulls, ZelaaPayAE’s price may surge to $0.001063 per ZPAE.

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As ZelaaPayAE keeps pushing through the high resistance mark, the value of ZelaaPayAE may continue growing. With more acquisitions coming towards ZelaaPayAE, its value may surge to $0.001338 per ZPAE.

If the rallies grow stronger and more investors acquire ZelaaPayAE, then the value of ZelaaPayAE may surge to the third major resistance mark. At the time of writing, the third major resistance benchmark for ZelaaPayAE is $0.001511 per ZPAE.

On the negative side, if the bears put up strong competition against the bulls at first strong resistance, and the bulls retreat, then bears may gain the lead.

Such behavior from the bulls would allow the bears to press harder against them, which would continue pulling ZelaaPayAE’s price lower. If the trend continues, the value of ZelaaPayAE may soon land in the negative support zone.

The first support zone for ZelaaPayAE would be at $0.0006311, and it would be extremely harder for the bears to breakthrough. If the bears succeed in doing that, then they may gain more confidence and push ZelaaPayAE down to $0.0005680 per ZPAE. With more purchases for ZelaaPayAE turning into sell-outs, the value of ZelaaPayAE may sink to $0.0005112 per ZPAE.

CoTrader (COT) Stocks Surge by 84.37%

CoTrader’s is also currently on the positive side, as it has gained a significant rise in its value due to a powerful rally. The bulls have mustered enough strength to push the price of CoTrader to a higher mark. It took the bulls an 84.37% rally in the past 24-hours to push CoTrader’s price from a low of $0.00003603 to a high of $0.00008500 per COT.

If the bulls keep buying CoTrader on a high scale, the price of CoTrader may surge to $0.0001208 per COT. As CoTrader becomes more profitable, the bulls may start putting more investments into CoTrader, raising its price to $0.0001463, and then to $0.0001618 per COT.

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