Zora Price Stands 35% From ATH; Can It Make It This Week?MEXC:ZORAUSDT has been rallying for the past ten days, recently reaching a new all-time high (ATH) of $0.105. Currently, Zora is trading at $0.775 , just below the resistance of $0.085. This recent rally has sparked optimism among investors, positioning Zora for potential further gains.
Given the altcoin’s 7% increase today, there’s a high probability that $ MEXC:ZORAUSDT will surpass its ATH of $0.105 , potentially reaching new highs beyond $0.140 this week . The strong momentum indicates that the bullish trend could continue if the current market conditions hold.
However, if investor sentiment shifts and selling pressure intensifies, MEXC:ZORAUSDT price could dip below $0.052 . A significant drop through this support level would invalidate the current bullish outlook and could signal a longer-term decline in the coin’s value.
