Horizen Price ZEN
Horizen Price Overview
The current Horizen price is 33.680 €. The price has changed by -22.02% in the past 24 hours on trading volume of 315505884.00 €. The market rank of Horizen is 182 based on a market capitalization of 531208868.00 €. Horizen has a circulating supply of 15772931.25 ZEN. The highest recorded Horizen price is 136.410 €. And the lowest recorded ZEN price is 2.850000 €.
How do Horizen price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.
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Analysing Horizen’s price history
Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.
Make sure your price prediction for Horizen matches your long-term and short-term financial goals.
There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.
Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Horizen chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.
In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.
News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?
Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.
Factors influencing the Price of Horizen
Many factors affect the value of Horizen.
The Horizen exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.
Government regulations have a great impact on the price of Horizen and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.
Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Horizen in the news, monitor ZEN on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.
Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Horizen? Or will they close a technology gap, rendering Horizen less valuable as an investment?
Live Horizen value and market cap
The live Horizen exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.
The market capitalisation of Horizen is equal to the value of Horizen multiplied by the number of Horizen in circulation.
What payment methods can I use to buy Horizen
What can you do with your Horizen?
Buy Horizen with euros
Exchange Horizen
Use Horizen
Sell Horizen for euros
Earn Horizen
Hold your Horizen
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Horizen Price FAQ
What factors influence the price of Horizen?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Horizen tracks the overall market, check out our comprehensive cryptocurrency price page.
What is the highest price of Horizen in EUR?
Horizen price history shows that Horizen has recorded a peak value of 136.410 €.