ZKsync Price Forecast: October 24
Amidst the recent upsurge in the crypto market, ZKUSD’s price remains firm above the supply levels, showing positive signs above the $0.143 high mark. The breakout rally made a high of $0.148; if the coin holders could prove stronger and the price shows sustainability above the $0.155 previous high value, the next price target could be the $0.160 upper resistance level, attracting big players to drive the coin price higher.
Key Levels:
Resistance Levels: $0.140, $0.150, $0.160
Support Levels: $0.101, $0.100, $0.099
ZKUSD Long-term Trend: Bullish (4H Chart)
The ZKsync pair remains firm above the supply level despite the interference from the sell traders in its long-term outlook. The price bars are above the moving averages, suggesting a bullish trend. 
The sustained bullish pressure to $0.145 in the past session has enabled the token price to remain firm above the supply levels in its recent high.
Despite the interaction from the bears, the ZKUSD price remains firm above the supply levels as the bulls successfully pushed the token price to the $0.148 high mark above the EMA-50 as the journey up north continues shortly after the 4-hourly chart opens today.
Thus, a possible breakout from the mentioned supply will accelerate the buying momentum and push the prices of ZKsync higher to hit the previous high at $0.155, bolstering buyers for a sustainable rally.
Additionally, as a result of an upward momentum shown by the price indicator, the price of ZKUSD may maintain its firmness above the supply levels and surge to reach the $0.160 upper resistance level sooner in its higher time forecast.
ZKUSD Short-term Trend: Bullish (1H Chart)
The ZKsync buyers are determined to push the ZKUSD price higher as it remains firm above the supply levels in its short-term outlook. The price bars are above the moving average, indicating a bullish trend. The crypto price remains firm above the supply levels in its recent high due to an increasing order flow by the bulls.
At press time, the bulls made an upward move to $0. 147 high value above the moving average lines as the crypto price remains firm above the supply levels shortly after the commencement of the 1-hourly chart. The ZKsync market looks promising as the bulls remain dominant.
As the ZKUSD pair is gaining traction and remains firm above the supply level, the coin price prediction could reach the $0.153 barrier level, signaling strong market optimism and potential for significant gains.
Similarly, the daily stochastic remains upward. Hence, if the ZKsync buyers can swing above the $0.153 previous supply trend line, the market participants may witness a new recovery rally to reach the $0.160 high mark in the days ahead as it remains firm above the supply levels in its lower time frame.
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