# LayerZero Daily Chart Marks $1.76 as Recovery Threshold By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/43678 Published: 2026-10-29T16:27:57.000Z Updated: 2026-10-29T16:27:57.000Z Section: Investing > Recovery remained unconfirmed, with the daily chart also marking a $1.72 pivot and a $1.81 20-day exponential moving average. A technical analysis dated Oct. 29 left LayerZero (ZRO) recovery unconfirmed, setting a completed daily close above $1.76 as the threshold for confirming a rebound. The analysis described a conditional chart level; it did not say ZRO had closed above it. The chart assessment also listed a daily pivot at $1.72 and a 20-day exponential moving average at $1.81. It gave the daily relative strength index at 45.5 and described the moving average convergence divergence histogram as negative but narrowing. An [Oct. 16 ZRO chart analysis]() listed resistance at $2.1376 and $2.2705, with support at $1.9897. ## Links in this article - [Oct. 16 ZRO chart analysis](https://www.tokenpost.com/news/investing/33399)