LayerZero Price Prediction November 2026: Can ZRO Reclaim $2.29?

Dikshant Dibbey
Dikshant Dibbey
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LayerZero Price Prediction November 2026

Can $ZRO break the $2.29 level in November, or does the October downtrend continue?

This LayerZero Price Prediction November 2026 weighs the daily chart, futures volume, and holder data against one live price. this beginner guide explains how LayerZero works. $ZRO trades at $1.72 as of Oct 31, 2026, 09:00 UTC, inside a falling channel, a band between two downward trendlines.

LayerZero 24-Hour Market Data

CoinGecko market data as of Oct 31, 2026, 09:00 UTC, puts $ZRO at $1.72, ranked 87 by size.

Metric

Value

Price

$1.72

24-hour change

2.50%

Market cap

$689.945M

Fully diluted valuation (FDV)

$1.725B

24h trading volume

$163.001M

Perps open interest

$268.198M

Circulating supply

399.976M ZRO

Source: CoinGecko, captured Oct 31, 2026, 09:00 UTC.

The $ZRO market cap counts only circulating tokens. FDV prices the full 1B max supply, so it runs 2.5 times higher. Just 40.0% of max supply circulates today.

ZRO Price Performance and 24-Hour RangeZRO Price Performance

Source:  CoinGlass, captured Oct 31, 2026, 09:00 UTC.

The $ZRO price performance picture is mixed. $ZRO is up 0.97% over seven days and down 1.08% over 30 days.

Longer windows run hotter. $ZRO gained 137.46% over 90 days and 40.28% year to date. Still, the all-time reading is -57.82%.

ZRO Holder Concentration and Whale Wallets

The Etherscan token page lists 25,767 holders, and the top of that list is heavy. The LayerZero Future Initiatives Multisig holds 11.15% of the supply.ZRO Holder Concentration and Whale Wallets

Source: Etherscan, captured Oct 31, 2026, 09:00 UTC.

Two LayerZero-labeled wallets hold 14.20% combined, so part of the concentration is project-held supply. And what if the top two wallets, holding 18.46% together, move tokens to an exchange? The second holds 7.31%.

The top 10 holders own 38.58% of market cap, and the top 100 own 86.30%.

$ZRO whale wallets, meaning wallets above $100k, number 405. That's 1.57% of holders, yet they control 98.04% of market cap.

ZRO Futures Volume and Open Interest

Open interest is the total value of futures contracts still open and unsettled. CoinGecko lists $ZRO open interest at $268.198M for perps and futures with no expiry date as of Oct 31, 2026, 09:00 UTC.ZRO Futures Volume and Open Interest

Source: CoinGlass, captured Oct 31, 2026, 09:00 UTC.

The futures heatmap puts Binance first at $60.25M. Bybit follows at $27.72M, a gap of $32.53M. LBank sits third at $27.05M.

Live derivatives data sits on the CoinGlass ZRO , where volume and open interest update through the day.

ZRO Technical Analysis: 1-Day Timeframe

The daily chart on Binance, captured Oct 31, 2026, 09:00 UTC, frames the LayerZero price prediction in event order.ZRO Technical Analysis: 1-Day Timeframe

Source: TradingView, $ZRO/USDT 1D on Binance, captured Oct 31, 2026, 09:00 UTC.

$ZRO rallied hard from late September into early October, then spiked above the $2.40 level in the second week, but the market didn't sustain that level, and the price started a downward movement by making lower highs and lower lows, and those swings built the falling channel.

The market tried many times to break the channel, but eventually sellers defended the channel trendline.

Right now the price took the $1.514 support and is also trading above the 50 EMA level.

Earlier coverage of ZRO derivatives and rally gives context for the October run.

The $ZRO 50-day EMA sits at $1.661. The latest daily candle trades back above, 3.4% under the price.

The $ZRO RSI sits at 47.89. It touched about 82 during the early-October rally. A reading under 50 means momentum still tilts slightly to sellers.

ZRO Support and Resistance Levels

Level

Price

Resistance

$2.290

Resistance

$2.135

Resistance

$1.805

50-day EMA

$1.661

Support

$1.514

Support

$1.316

$ZRO support levels sit at $1.514 and $1.316, the zones marked on the chart.$ZRO resistance levels start at $1.805, near the channel top.

ZRO Forecast: Bull, Base, and Bear Scenarios

Scenario

Trigger

Target

Invalidation

Bull

Daily candle trades above $1.805

$2.135, then $2.290

Daily candle trades below $1.661

Base

Daily candles trade between $1.514 and $1.805

$1.514 to $1.805 range

Daily candle outside the range

Bear

Daily candle trades below $1.514

$1.316

Daily candle trades above $1.661

Technical invalidation is the clearest risk, since a candle trading below $1.514 ends the bounce. Concentration adds a second risk, with whales holding 98.04% of market cap. A third sits in derivatives, where a fast unwind of $268.198M in open interest could hit price.

LayerZero Price Prediction November 2026: Expert Outlook

As per CoinGabbar analysis, this LayerZero price prediction leans neutral with a bullish tilt. Price reclaimed the 50-day EMA after a bounce from the lower trendline, but the RSI is at 47.89, and the channel top is at $2.29, a cap conviction.

Watch Binance futures volume on any push toward $1.805. A breakout on volume above the $60.25M Binance reading would show real demand. A breakout on thinner volume would read as another rejection at the channel top.

Latest crypto news can shift this LayerZero price prediction quickly.

Disclaimer: This article is for information only and isn't financial advice. Traders should do their own research and risk only what they can afford to lose. 

Dikshant Dibbey

About the Author Dikshant Dibbey

Technical Analyst at coingabbar.com


Dikshant Dibbey is a crypto technical analyst with two years of knowledge and experience in the cryptocurrency and Web3 space. He has a strong interest in analyzing Bitcoin, altcoins, blockchain technology, and the evolving digital asset market. His focus is on understanding market trends, price movements, and technical indicators to help readers gain a clearer perspective on the crypto market. Through his content, Dikshant aims to simplify complex cryptocurrency concepts and provide readers with insightful, accurate, and easy-to-understand information.




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