LayerZero (ZRO) and KAITO spearhead $411 million in token unlocks this week
Major Token Unlocks: LayerZero and KAITO are set to unlock a combined total of $411 million in tokens, with LayerZero releasing 25.71 million ZRO tokens worth $52.44 million and KAITO unlocking 23.35 million tokens valued at $25.05 million.
Impact of Major Unlocks: The three significant single token unlocks (LayerZero, KAITO, and SOON) will introduce over $88 million in new supply to the market, potentially causing short-term price volatility as the market adjusts.
Linear Unlock Schedules: Solana leads the linear unlock category with 506.47K SOL tokens being released gradually, while other projects like TRUMP, Worldcoin, and Dogecoin also contribute to continuous market pressure through their scheduled unlocks.
Smaller Projects' Unlock Progress: Smaller projects like PlayZap, Reddex, and KARRAT are nearing completion of their unlock schedules, with varying percentages of their total locked supplies set to be released soon.
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Technical Analysis for ZRO
Technical Sentiment Analysis for LayerZero (ZRO). As of , LayerZero (ZRO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ZRO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ZRO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
LayerZero (ZRO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0072 | 0.695 | 1.215 | 1.903 | 2.423 | 3.111 | 3.631 |
| Fibonacci | 0.695 | 1.156 | 1.441 | 1.903 | 2.364 | 2.649 | 3.111 |
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