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Here’s why the price of Horizen (ZEN) is up today
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Horizen (ZEN) has seen a notable surge in value today, capturing the attention of traders and investors alike.
The cryptocurrency, which has steadily gained traction in the privacy coin sector, is showing strong momentum that goes beyond the general market’s performance.
Here are the main catalysts behind today’s Horizen price surge:
Horizen (ZEN) listing on OKX exchange
A key catalyst behind ZEN’s recent gains is the addition of new trading pairs on OKX.
The platform launched ZEN/USDⓈ spot trading on November 18, 2025, following the prior release of ZEN/USDC.
These listings have made it easier for traders, including institutions and risk-conscious investors, to access Horizen directly through stablecoins, thereby enhancing liquidity and market visibility.
During the first five minutes of trading, OKX implemented precautionary measures, limiting order sizes and disallowing market orders to curb volatility, which helped ensure a smoother introduction.
The impact of these listings is clear in trading volumes, with ZEN’s 24-hour turnover reaching over $337 million.
The accessibility offered by OKX’s 20 million-plus user base has likely amplified buying pressure, highlighting the influence of strategic exchange support on market sentiment.
As more traders gain exposure, this development could continue to underpin ZEN’s upward trajectory.
Privacy coins sector momentum
Beyond exchange-specific factors, Horizen is benefiting from broader trends in the privacy coin sector.
Regulatory clarity and renewed institutional interest have boosted coins like ZEC, DASH, and ZEN, prompting a surge in their valuation.
Horizen’s EVM-compatible privacy technology, particularly its integration with Coinbase’s Base L2, positions ZEN as a compliant privacy play that appeals to both retail and institutional participants.
The sector has seen impressive gains over the past month, with ZEN itself rising by more than 55% during this period.
This revival indicates that investor confidence in privacy-focused assets is returning, creating a favourable environment for Horizen and reinforcing the recent bullish sentiment.
Technical analysis points to more gains
Horizen (ZEN) price has recently broken out of an ascending triangle pattern on the hourly chart, a development typically associated with rising bullish momentum.
The cryptocurrency is also trading above critical moving averages, with the 30-day EMA at $16.161 and the 200-day EMA at $13.719.
In addition, the RSI stands at 66.21, suggesting that ZEN is not yet overbought, while the MACD points to a period of consolidation before further potential gains.
Caution is, however, advised, seeing that the altcoin is nearing the overbought region, which means a pullback could be around the corner, although the long-term outlook remains bullish.
By analysing the token’s price chart, the immediate support level to watch is $16.70, with a secondary support at $15.48 if the market dips.
On the upside, ZEN could encounter resistance at $18.34, $20.14, and $21.47.
The post Here’s why the price of Horizen (ZEN) is up today appeared first on Invezz
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Here’s why the price of Horizen (ZEN) is up today
Share:
Horizen (ZEN) has seen a notable surge in value today, capturing the attention of traders and investors alike.
The cryptocurrency, which has steadily gained traction in the privacy coin sector, is showing strong momentum that goes beyond the general market’s performance.
Here are the main catalysts behind today’s Horizen price surge:
Horizen (ZEN) listing on OKX exchange
A key catalyst behind ZEN’s recent gains is the addition of new trading pairs on OKX.
The platform launched ZEN/USDⓈ spot trading on November 18, 2025, following the prior release of ZEN/USDC.
These listings have made it easier for traders, including institutions and risk-conscious investors, to access Horizen directly through stablecoins, thereby enhancing liquidity and market visibility.
During the first five minutes of trading, OKX implemented precautionary measures, limiting order sizes and disallowing market orders to curb volatility, which helped ensure a smoother introduction.
The impact of these listings is clear in trading volumes, with ZEN’s 24-hour turnover reaching over $337 million.
The accessibility offered by OKX’s 20 million-plus user base has likely amplified buying pressure, highlighting the influence of strategic exchange support on market sentiment.
As more traders gain exposure, this development could continue to underpin ZEN’s upward trajectory.
Privacy coins sector momentum
Beyond exchange-specific factors, Horizen is benefiting from broader trends in the privacy coin sector.
Regulatory clarity and renewed institutional interest have boosted coins like ZEC, DASH, and ZEN, prompting a surge in their valuation.
Horizen’s EVM-compatible privacy technology, particularly its integration with Coinbase’s Base L2, positions ZEN as a compliant privacy play that appeals to both retail and institutional participants.
The sector has seen impressive gains over the past month, with ZEN itself rising by more than 55% during this period.
This revival indicates that investor confidence in privacy-focused assets is returning, creating a favourable environment for Horizen and reinforcing the recent bullish sentiment.
Technical analysis points to more gains
Horizen (ZEN) price has recently broken out of an ascending triangle pattern on the hourly chart, a development typically associated with rising bullish momentum.
The cryptocurrency is also trading above critical moving averages, with the 30-day EMA at $16.161 and the 200-day EMA at $13.719.
In addition, the RSI stands at 66.21, suggesting that ZEN is not yet overbought, while the MACD points to a period of consolidation before further potential gains.
Caution is, however, advised, seeing that the altcoin is nearing the overbought region, which means a pullback could be around the corner, although the long-term outlook remains bullish.
By analysing the token’s price chart, the immediate support level to watch is $16.70, with a secondary support at $15.48 if the market dips.
On the upside, ZEN could encounter resistance at $18.34, $20.14, and $21.47.
The post Here’s why the price of Horizen (ZEN) is up today appeared first on Invezz
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In This News
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El precio de Bitcoin Cash apunta a una ruptura del 11% mientras se agota el movimiento de monedas