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LayerZero (ZRO) Faces Major Token Unlock as Bulls Fight for $2.00 Support
The post LayerZero (ZRO) Faces Major Token Unlock as Bulls Fight for $2.00 Support appeared on BitcoinEthereumNews.com. Jessie A Ellis Sep 19, 2025 10:34 ZRO trades at $2.00 amid mixed signals as upcoming 25.71M token unlock threatens recent 40% rally gains. Technical indicators show neutral momentum. Quick Take • ZRO currently trading at $2.00 (+0.30% in 24h) • LayerZero’s RSI sits neutral at 51.90 with bullish MACD divergence • Major token unlock of 25.71M ZRO tokens scheduled for September 20, 2025 What’s Driving LayerZero Price Today? LayerZero faces a critical juncture as the protocol prepares to unlock 25.71 million ZRO tokens tomorrow, representing 8.53% of the circulating supply. This $49.36 million token release includes allocations to strategic partners and core contributors, creating significant downward pressure on the ZRO price as increased supply enters the market. Despite this looming challenge, ZRO demonstrated remarkable resilience earlier this week with a 40% surge to $4.41 on September 18, driven by broader cryptocurrency market recovery. However, the current ZRO price of $2.00 suggests profit-taking and anticipatory selling ahead of the token unlock event. The timing of this unlock couldn’t be more precarious, as it threatens to undermine the recent bullish momentum that lifted LayerZero’s market cap to $457 million. Traders are now positioning defensively, leading to increased volatility with today’s trading range spanning from $1.99 to $2.11. ZRO Technical Analysis: Neutral Signals Emerge LayerZero technical analysis reveals a complex picture as momentum indicators provide mixed signals. ZRO RSI currently sits at 51.90, positioning the token in neutral territory without clear directional bias. This reading suggests neither overbought nor oversold conditions, leaving room for movement in either direction. The bullish case for LayerZero strengthens when examining the MACD indicator, which shows positive momentum with a histogram reading of 0.0102. This suggests underlying buying pressure may still exist despite recent consolidation around the ZRO price…
The post LayerZero (ZRO) Faces Major Token Unlock as Bulls Fight for $2.00 Support appeared on BitcoinEthereumNews.com.
Jessie A Ellis Sep 19, 2025 10:34 ZRO trades at $2.00 amid mixed signals as upcoming 25.71M token unlock threatens recent 40% rally gains. Technical indicators show neutral momentum. Quick Take • ZRO currently trading at $2.00 (+0.30% in 24h) • LayerZero’s RSI sits neutral at 51.90 with bullish MACD divergence • Major token unlock of 25.71M ZRO tokens scheduled for September 20, 2025 What’s Driving LayerZero Price Today? LayerZero faces a critical juncture as the protocol prepares to unlock 25.71 million ZRO tokens tomorrow, representing 8.53% of the circulating supply. This $49.36 million token release includes allocations to strategic partners and core contributors, creating significant downward pressure on the ZRO price as increased supply enters the market. Despite this looming challenge, ZRO demonstrated remarkable resilience earlier this week with a 40% surge to $4.41 on September 18, driven by broader cryptocurrency market recovery. However, the current ZRO price of $2.00 suggests profit-taking and anticipatory selling ahead of the token unlock event. The timing of this unlock couldn’t be more precarious, as it threatens to undermine the recent bullish momentum that lifted LayerZero’s market cap to $457 million. Traders are now positioning defensively, leading to increased volatility with today’s trading range spanning from $1.99 to $2.11. ZRO Technical Analysis: Neutral Signals Emerge LayerZero technical analysis reveals a complex picture as momentum indicators provide mixed signals. ZRO RSI currently sits at 51.90, positioning the token in neutral territory without clear directional bias. This reading suggests neither overbought nor oversold conditions, leaving room for movement in either direction. The bullish case for LayerZero strengthens when examining the MACD indicator, which shows positive momentum with a histogram reading of 0.0102. This suggests underlying buying pressure may still exist despite recent consolidation around the ZRO price…
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