{"id":8724,"date":"2025-08-25T10:23:38","date_gmt":"2025-08-25T10:23:38","guid":{"rendered":"https:\/\/bitunikey.com\/news\/zora-price-tracks-to-new-ath-as-coinbase-ceo-buys-one-of-zora-creator-coins\/"},"modified":"2025-08-25T10:23:55","modified_gmt":"2025-08-25T10:23:55","slug":"zora-price-tracks-to-new-ath-as-coinbase-ceo-buys-one-of-zora-creator-coins","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/zora-price-tracks-to-new-ath-as-coinbase-ceo-buys-one-of-zora-creator-coins\/","title":{"rendered":"ZORA price tracks to new ATH as Coinbase CEO buys one of Zora creator coins"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">ZORA price is tracking toward a potential new ATH after Coinbase CEO bought into one of its creator coins, adding fuel to the token\u2019s bullish momentum.<\/p>\n<div id=\"cn-block-summary-block_4d4dccede8a12cd27bbdacebfc3a861d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>ZORA price has rebounded from its $0.080 higher low and now faces resistance at $0.127 with potential to retest $0.14 and set a new ATH.<\/li>\n<li>Brian Armstrong\u2019s purchase of Balajis, one of Zora\u2019s creator coins, has boosted traders\u2019 sentiment on ZORA.<\/li>\n<li>While the long\/short ratio shows a slight tilt toward shorts, top trader positioning leans bullish as smart money bet on further upside.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Since its recent rally that peaked just below $0.15, Zora (ZORA) price has pulled back to establish a higher low around $0.080, briefly undercutting the prior swing-high resistance-turned-support and slipping below the EMA 20. Notably, this marked the first break below that moving average since the July rally.<\/p>\n<p>However, ZORA price has now reclaimed the EMA 20, surging more than 30% off that low in a single day and holding most of those gains in follow-through sessions. Sharp rejection occurred at $0.127, marking it as a clear supply zone, while the 7 EMA on the daily chart is acting as a demand area. <\/p>\n<p>RSI is at 60, indicating bullish momentum with room to run, while MACD bearish pressure is subsiding and a bullish crossover appears imminent. Market activity is also ramping up, with 24-hour trading volume surging 85% and open interest climbing 1.74% to $91.46 million.<\/p>\n<p>Looking ahead, if ZORA price can break\u00a0above $0.127 with strong volume, it has a legitimate shot at\u00a0retesting $0.14 and set a new ATH.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BYBIT%3AZORAUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">What\u2019s driving ZORA price?<\/h2>\n<p>Beyond the bullish technical setup, ZORA also gained a fresh catalyst yesterday when Coinbase CEO Brian Armstrong <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/brian_armstrong\/status\/1959375581856100859\">bought<\/a>\u00a0BALAJIS, one of creator coins within the Zora ecosystem. For context, all creator coins on Zora are paired with ZORA itself, meaning any surge in demand or visibility for creator coins can drive direct buy pressure on ZORA.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"zxx\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/uJ9oxUr8I3\">https:\/\/t.co\/uJ9oxUr8I3<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/LIZle2KZ6a\">pic.twitter.com\/LIZle2KZ6a<\/a><\/p>\n<p>\u2014 Brian Armstrong (@brian_armstrong) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/brian_armstrong\/status\/1959375581856100859?ref_src=twsrc%5Etfw\" target=\"_blank\">August 23, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In terms of sentiment as indicated in the derivatives data, the\u00a024-hour long\/short ratio sits at 0.9635, indicating a slight bias toward shorts. However, smart money seems to be betting on further upside as top trader positioning by position size remains skewed toward longs, with a long\/short ratio of\u00a01.5464, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/ZORA\" target=\"_blank\">Coinglass data<\/a>.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZORA price is tracking toward a potential new ATH after Coinbase CEO bought into one of its creator coins, adding fuel to the token\u2019s bullish momentum. Summary ZORA price has&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8724"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8724\/revisions"}],"predecessor-version":[{"id":8726,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8724\/revisions\/8726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8725"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}