LayerZero (ZRO)
LayerZero is an Omnichain Interoperability Protocol designed for lightweight message passing across chains. It provides authentic and guaranteed message delivery with configurable trustlessness, implemented as a set of gas-efficient, non-upgradable smart contracts.
1. ZRO Basic Info
| Symbol | ZRO |
| Name | LayerZero |
| Web Site | https://layerzero.network |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 1000000000 |
| Available Supply | 111153000 |
| Market Cap | 190627395 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 1000000000 |
| Release Date | 2024-06-20 |
2. ZRO Technical Info
2.1 ZRO Kline Chart Price
2.2 ZRO Technical Analysis
The short-term trend indicates a potential for continued downward pressure. The recent volatility suggests a possible consolidation phase before any significant upward movement. Resistance levels are likely to be encountered around 2.00 and 2.10. If the price breaks below 1.70, further decline is probable, with potential support near 1.60. The trading volume suggests weakening bullish momentum.
Medium-term, the market may experience a period of sideways trading with a bias towards further decline. A sustained break above 2.20 would negate this bearish outlook. However, the current pattern suggests a possible test of lower support levels.
Long term, the overall trend is still bearish.
