Daily Price Movement / General Discussion, page-329

Seems as though there is a very likely potential to be testing the all time high of $10.64 in the upcoming week or two. Bulls have been heavily dominating and with a number of alluring catalysts to drive this sentiment. On all timeframes it seems to be decently overbought however on the weekly chart it just touched over the 70 mark and still have room to go more into overbought territory which is a very bullish indication that we are looking to be pushing at least up to retesting the all time high especially with the volumes seen. Usually on short term timeframes that are overbought you would expect price to return to equilibrium however the fact that prices and volume is still in a bullish nature, i feel, supports my hypothesis. If the price does end up taking a breather, we have a major support at about $8.91 and if it drops below, it would be to fill the gap at around $8.71. So people FOMOing should be very cautious as Z1P won't be dipping to what it used to (around $5-$6 range), back when the notorious PayPal announcement murdered the BNPL's sector. That ship is long gone. Z1P consistently confirms it's competence and drive through fundamentals as proven through reports and investors regain/gain confidence back into Z1P. Seems to me the $8-$9 range will be the new $5-$6 trading range if prices does not break out pass the all time high. I dont see it consolidating any lower if breakout fails unless a huge catalyst is announced that OUTWEIGHS everything that is driving the investor confidence up right now as reflected on the bullish price action.

Don't get burn your investment by selling against the fundamentals and potential because of short term fear and greed. Especially with the amount and type of catalysts attracting new and old investors right now. Its actually much more satisfying to feed your greed, with a long term return.

My Opinion Only.
Not Financial Advice.