Latest Developments & Market Context
0x Protocol finds itself at an interesting crossroads right now, pulled between genuine ecosystem growth and some troubling exchange headwinds. On the positive side, the protocol is making real strides—integrating with Monad’s upcoming mainnet and expanding its multi-chain swap API infrastructure through partnerships with platforms like Zora and Coin98 Wallet. These aren’t just flashy announcements; they’re positioning ZRX as critical infrastructure in the evolving DeFi landscape. If these integrations drive actual protocol usage, we could see meaningful increases in fee revenue and demand for ZRX tokens through governance staking.
But it’s not all smooth sailing. Binance’s decision to delist the ZRX/BTC margin and spot pairs, effective December 12, 2025, has raised legitimate concerns about liquidity fragmentation and reduced visibility among Bitcoin traders. Add to that a notable MEV bot exploit involving 0x wrapper contracts—though not a core protocol vulnerability—and you’ve got some security perception issues that the team needs to address head-on.
Current Technical Picture
As of now, ZRX/USDT is trading around $0.13998, down about 1% over the past day. The technical setup suggests the market is in a bit of a holding pattern, with neither bulls nor bears in full control. Looking at the 4-hour chart, the RSI sits at roughly 47.25—right in neutral territory—telling us traders are undecided about the next move. The MACD shows a slight bullish tilt with the line barely above its signal, but the momentum is weak at best.
Both the Simple Moving Average and Exponential Moving Average on the 4-hour timeframe hover just above current price around $0.14150, acting as immediate resistance. From a pivot-point perspective, resistance levels stack up between $0.14110 and $0.14290, while support starts around $0.13930 and extends down toward $0.13750. If those support levels hold, we might see buyers step in. If they break, we’re looking at potential tests of $0.135 or even $0.130.
Price Scenarios & What to Watch
If Bears Take Control
Should selling pressure intensify—whether from more negative news, continued low trading volume, or failure to reclaim that $0.1415 resistance—ZRX will likely test the primary support floor around $0.1393. A break below $0.1375 would signal deeper trouble, potentially pushing price down to $0.1300 or lower. Watch for the MACD to turn decidedly negative and RSI to slip below 40 as confirmation signals.
The Bull Case
On the flip side, if ZRX can reclaim and hold above the 4-hour moving averages near $0.1415, we could see a legitimate attempt at breaking through resistance in the $0.142–$0.143 zone. From there, a push toward $0.1500 becomes realistic. The key ingredient here is volume—upward moves need to be accompanied by increasing participation. A diverging MACD histogram paired with RSI climbing toward the 60-70 range would signal that bulls are gaining real traction.
Looking Further Out
Beyond these short-term technical levels, ZRX’s medium-term trajectory really comes down to execution. The major positive catalysts to watch include successful implementation of the protocol’s monetization roadmap, deeper adoption on high-performance chains like Monad, and either maintaining or regaining exchange pair availability. More delistings or additional security concerns would obviously work against the token.
If the fundamentals align favorably and the team delivers on their roadmap, there’s a reasonable path for ZRX to revisit the $0.25–$0.30 range over the next several quarters. If not, expect consolidation in the $0.10–$0.15 band or potentially a gradual drift lower. The next few months will be telling.
