Zeebu is Trading -24.66% Below Our Price Prediction for Oct 25, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Zeebu is down -5.92% today against the US Dollar
  • ZBU/BTC decreased by -6.06% today
  • ZBU/ETH decreased by -6.08% today
  • Zeebu is currently trading 24.66% below our prediction on Oct 25, 2024
  • Zeebu dropped -18.37% in the last month and is up 166.36% since 1 year ago
Zeebu price$ 3.88
Zeebu prediction$ 5.15 (30.02%)
SentimentBearish
Fear & Greed index73 (Greed)
Key support levels$ 3.93, $ 3.83, $ 3.73
Key resistance levels$ 4.14, $ 4.23, $ 4.34

ZBU price is expected to rise by 30.02% in the next 5 days according to our Zeebu price prediction

Zeebu price today is trading at $ 3.88 after losing -5.92% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -5.01% in the same time period. ZBU performed poorly against BTC today and recorded a -6.06% loss against the world’s largest cryptocurrency.

According to our Zeebu price prediction, ZBU is expected to reach a price of $ 5.15 by Oct 25, 2024. This would represent a 30.02% price increase for ZBU in the next 5 days.

ZBU Price Prediction Chart

Buy/Sell Zeebu

What has been going on with Zeebu in the last 30 days

Zeebu has been displaying a negative trend recently, as the coin lost -18.37% in the last 30-days. The medium-term trend for Zeebu has been bearish, with ZBU dropping by -21.23% in the last 3 months. The long-term picture for Zeebu has been positive, as ZBU is currently displaying a 166.36% 1-year price change. On this day last year, ZBU was trading at $ 1.46.

Zeebu reached its all-time high price on May 22, 2024, when the price of ZBU peaked at $ 5.21. The current ZBU cycle high is $ 4.18, while the cycle low is at $ 3.58. ZBU has been displaying low volatility recently – the 1-month volatility of the coin is at 5.60. Zeebu recorded 12 green days in the last 30 days.

Zeebu technical analysis for today – Oct 20, 2024

The sentiment in the Zeebu markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 3.93, $ 3.83 and $ 3.73, while $ 4.14, $ 4.23 and $ 4.34 are the key resistance levels.

Bearish sentiment for Zeebu

4 indicators are currently signaling a bullish prediction for Zeebu, while 24 indicators are showing a bearish forecast. With 86% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Zeebu.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 73 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Zeebu moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Zeebu is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 4.14 (SELL)$ 4.13 (SELL)
MA5$ 4.13 (SELL)$ 4.13 (SELL)
MA10$ 4.09 (SELL)$ 4.12 (SELL)
MA21$ 4.17 (SELL)$ 4.19 (SELL)$ 3.51 (BUY)$ 4.46 (SELL)
MA50$ 4.45 (SELL)$ 4.38 (SELL)$ 1.11 (BUY)$ 2.10 (BUY)
MA100$ 4.66 (SELL)$ 4.50 (SELL)
MA200$ 4.65 (SELL)$ 4.33 (SELL)
PeriodValueAction
RSI (14)34.37NEUTRAL
Stoch RSI (14)96.25SELL
Stochastic Fast (14)86.18SELL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)77.34SELL
Awesome Oscillator (5, 34)-0.20NEUTRAL
Momentum (10)0.11NEUTRAL
MACD (12, 26)0.03NEUTRAL
Williams Percent Range (14)-13.82SELL
Ultimate Oscillator (7, 14, 28)55.67NEUTRAL
VWMA (10)4.09BUY
Hull Moving Average (9)4.18SELL
Ichimoku Cloud B/L (9, 26, 52, 26)4.12NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Zeebu is at 34.37, suggesting that ZBU is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Zeebu over the last 50 days. Currently, Zeebu is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the ZBU closing price for the last 200 days. ZBU is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Zeebu prediction

After considering the above factors, we can conclude that the current forecast for Zeebu price prediction is Bearish. ZBU would have to increase by 30.02% to hit our $ 5.15 target within the next five days. Moving forward, it will be important to monitor the ZBU market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Zeebu price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/50205/zeebu-prediction-october-20-2024/