ZORA gains 70% in a day after Robinhood listing | Credit: Hameem Sarwar
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Key Takeaways
ZORA surges 70% after its listing on Robinhood boosts visibility and liquidity.
Indicators show strong bullish control across multiple timeframes.
If momentum holds, ZORA’s crypto price could target $0.15 next.
Following its October 9 Robinhood listing, ZORA’s price skyrocketed by more than 70% in the past 24 hours.
The move immediately sent the token, built on the Base network, into the spotlight. With the listing, Robinhood will offer millions of U.S. investors exposure to trade the token.
But the question remains: Can the ZORA crypto price sustain this rally, or is a cooldown around the corner?
Let’s break it down.
ZORA Bulls Dominate the Chart
On the 4-hour chart, the Awesome Oscillator (AO) continues to print green bars and hold firm above the neutral line, signaling that bullish momentum remains dominant.
The consistent strength shows ZORA buyers are in control, keeping short-term sentiment heavily tilted toward the bulls.
Supporting this view, the Bull Bear Power (BBP) also sits above the neutral line at 0.031, indicating persistent buying pressure.
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As stated earlier, the Robinhood listing has been the primary catalyst behind ZORA’s recent breakout. The listing offers millions of retail investors exposure to ZORA.
This typically boosts accessibility, liquidity, and visibility, sometimes leading to short-term price increases, as Robinhood typically lists assets that have passed regulatory and risk reviews.
Due to this, ZORA’s price will likely extend its rally.
ZORA’s Price Outlook: ATH Again
On the daily chart, the Relative Strength Index (RSI) has moved past the neutral line.
Sitting at 69.45, the indicator shows a strong upswing, confirming continued bullish control over the mid-term.
This momentum suggests that buyers remain in the dominant position. However, a short-term pullback or profit-taking phase could emerge if it reaches the overbought zone.
But that might not be the case. The Money Flow Index (MFI) is currently at 80.29.
This indicates intense buying pressure and bullish conviction while subtly warning of temporary market exhaustion.
If bulls maintain this momentum, the ZORA crypto price could target resistance at $0.12.
From ZORA’s recent swing low to its latest high, the 0.618 Fib level at $0.094 aligns with its peak, marking a critical resistance zone.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
