Zebec Network Up 440%—Can the Rally Continue in June?
The post Zebec Network Up 440%—Can the Rally Continue in June? appeared on BitcoinEthereumNews.com. Zebec Network (ZBCN) has surged an impressive 440% over the past 30 days, making it one of the best-performing altcoins in the market. Despite the recent cooling in momentum indicators, ZBCN continues to hold bullish territory, supported by strong technical structures. While short-term consolidation is possible, ZBCN is still positioned for potential upside continuation if resistance levels are cleared with conviction. ZBCN Uptrend Still Holds Zebec Network’s BBTrend indicator currently stands at 16.64, maintaining positive territory for the past 13 consecutive days—a sign of sustained bullish momentum. Just three days ago, the BBTrend peaked at 53.9, indicating heightened volatility and strong directional strength at that time. While the current reading is significantly lower, it still reflects a continuation of upward trend conditions, albeit with a possible slowdown in momentum. The fact that BBTrend remains above zero after nearly two weeks suggests the uptrend is intact, though bulls may be taking a breather after the recent surge. ZBCN is up more than 106% just in the last seven days, making it one of the best-performing altcoins of the last weeks. ZBCN BBTrend. Source: TradingView. The BBTrend, or Bollinger Band Trend, measures the strength and direction of price movements by analyzing the spread between the Bollinger Bands. When BBTrend is above zero, it typically indicates an uptrend, and the higher the value, the stronger the directional momentum. A reading below zero would suggest bearish conditions. Zebec Network’s BBTrend at 16.64 implies that the asset is still in bullish territory, but with reduced strength compared to earlier in the week. If the BBTrend continues to decline, it could signal trend exhaustion or a potential consolidation phase before the next major move. Conversely, a rebound would confirm that bullish pressure is rebuilding. ZBCN Bullish Momentum Slows, but Downside Pressure Still Minimal Zebec Network’s DMI…
The post Zebec Network Up 440%—Can the Rally Continue in June? appeared on BitcoinEthereumNews.com.
Zebec Network (ZBCN) has surged an impressive 440% over the past 30 days, making it one of the best-performing altcoins in the market. Despite the recent cooling in momentum indicators, ZBCN continues to hold bullish territory, supported by strong technical structures. While short-term consolidation is possible, ZBCN is still positioned for potential upside continuation if resistance levels are cleared with conviction. ZBCN Uptrend Still Holds Zebec Network’s BBTrend indicator currently stands at 16.64, maintaining positive territory for the past 13 consecutive days—a sign of sustained bullish momentum. Just three days ago, the BBTrend peaked at 53.9, indicating heightened volatility and strong directional strength at that time. While the current reading is significantly lower, it still reflects a continuation of upward trend conditions, albeit with a possible slowdown in momentum. The fact that BBTrend remains above zero after nearly two weeks suggests the uptrend is intact, though bulls may be taking a breather after the recent surge. ZBCN is up more than 106% just in the last seven days, making it one of the best-performing altcoins of the last weeks. ZBCN BBTrend. Source: TradingView. The BBTrend, or Bollinger Band Trend, measures the strength and direction of price movements by analyzing the spread between the Bollinger Bands. When BBTrend is above zero, it typically indicates an uptrend, and the higher the value, the stronger the directional momentum. A reading below zero would suggest bearish conditions. Zebec Network’s BBTrend at 16.64 implies that the asset is still in bullish territory, but with reduced strength compared to earlier in the week. If the BBTrend continues to decline, it could signal trend exhaustion or a potential consolidation phase before the next major move. Conversely, a rebound would confirm that bullish pressure is rebuilding. ZBCN Bullish Momentum Slows, but Downside Pressure Still Minimal Zebec Network’s DMI…
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