ZORA price prediction

ZORA technical outlook (updated 2026-05-08 UTC+0): Price remains above the weekly EMA 200 but has fallen below the daily EMA 50. MACD is in a bullish crossover with a fading histogram. RSI at 71.72 (neutral to strong). Bullish bias remains, though short-term momentum is waning. Consider maintaining light positions or staying on the sidelines while monitoring for stabilization at the daily EMA 50. A re-expansion of the MACD histogram or a breakout back above the daily EMA 50 would signal a trend recovery.