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Zora Coin Price Prediction: What’s Next After Zora’s 41% Recovery

Lokesh Gupta Lokesh Gupta Calendar 24-04-2025
ZORA Token Price Drop

ZORA Token Price Drop: What’s Next for Coin After Initial Volatility?

The ZORA token launched on April 23, 2025, from such top exchanges as Binance Alpha, Bybit, KuCoin, Gate.io, and MEXC, making an audacious entrance into crypto fame! At the moment, the token is trading somewhere around $0.02440-$0.0250. ZORA has witnessed fascinating recognition, but now the question is whether ZORA is heading for another breakout or headed down to make some deep pullbacks.

Exchange Listing Unleashed Quantum Candles into Volatility

ZORA opened to great expectations- the airdrop campaign was followed by an initial valuation of USD 600 million in fully diluted valuation. On its first trading day, the token debuted at about 0.03500, quickly spiked to 0.03708, and by that night went down to a low of 0.01691 as early investors took their profits.

The Meme coin is now 41% up from its low and is currently trading at a 24-hour volume of $118.10 million. During the last 24 hours, the price has lost 5.80%, but it shows signs of gradually recovering after a healthy correction.

Technical Analysis: Insights From a 15-Minute Chart

Indeed, in the short term, the charts are consolidating fairly well for the meme coin. After a pump and dump, the coin is showing higher lows, signalling accumulation for the degree of bullish pressure. 

Resistance Level: $0.02440 

Next Target: $0.02700- $0.03200 

Immediate Support: $0.02150 

The Relative Strength Index currently sits at 59, which indicates moderate bullish momentum, which means that it is neither oversold nor overbought. The MACD indicator is likewise turning positive, indicating that a bullish crossover may be imminent, thus serving as a very strong entry point for traders playing the short term.

Market Sentiment

The early dump post listing is something that is not new in today's airdrop-driven altcoin scenario. Airdrop recipients rush to cash out, giving short-term sell pressure. The 41% recovery off the lowest point, however, shows that there is interest from the community.

With a total supply of 10 billion tokens, the coin must capitalize on utility, developer adoption, and sustained CEX/DEX liquidity, else it might well fade into obscurity like so many high-FDV experiments.

ZORA Price Prediction: What Next?

If the token can keep above $0.02440, the next logical move is to the psychological level at $0.02700, possibly even the $0.03200 area. Conversely, a rejection from this level would see a pullback to $0.02150, where the bulls may attempt to reaccumulate.

A Bullish Short-Term Scenario:

Breakout Confirmation: Sustained move above $0.02440

Target Zones: $0.02700 (minor), $0.03200 (major)

Bearish Short-Term Scenario:

Breakdown Risk: Failure to hold $0.02440

Support Zones: $0.02150, then $0.01850

ZORA Price Chart

Source: TradingView

Now all eyes are on the $0.02440 resistance. A break on volume could launch ZORA into some of Q2 2025's most outstanding new tokens.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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