The post ZORA Price Gains Spotlight as Upbit Listing and “Believe Fund” Boost Ecosystem appeared first on Coinpedia Fintech News
The ZORA price has drawn renewed interest over the past weeks. Trading around $0.09680 at writing, the token has shown resilience after bouncing from its October 1 low near $0.045. Despite intense market-wide liquidations, ZORA has held its ground, reflecting strength not witnessed among smaller altcoins.
From October 1 it began reversal from the support zone, triggering a breakout from a falling wedge pattern on the ZORA price chart.This move is significant in a month when many altcoins have suffered heavy drawdowns. Now, experts and investors are intrigued to know whether this rally continues or correction is coming?
Upbit Listing and “Believe Fund” Fuel Credibility and Demand
The primary recent bullish catalysts are adding renewed fuel to ZORA’s upward push, as well as market sentiment. As on October 17, ZORA it was officially listed on Upbit, one of Korea’s premier exchanges, with trading pairs in KRW, BTC, and USDT.
Such exposure offers access to a high-volume retail audience, which could meaningfully boost liquidity and demand in the ZORA USD market.
In tandem, the project launched the Believe Fund on October 15, allocating 20 million ZORA tokens (0.2% of supply) to support creators and boost liquidity within the “creator coins” ecosystem.
This initiative ties directly into the network’s use-case, as creators minting tokens on Base now require ZORA for fees and launches. Thus, the new fund not only incentivizes creator participation but also actively reduces circulating supply while boosting usage.
These strategic moves together work as a dual mechanism, this will be managed by locking tokens to ecosystem incentives and expanding exchange access, ZORA strengthens its real-world and speculative appeal.
Technical Setup: Signs of Strength, But Bears Still Testing
Beyond just the fundamentals news, ZORA price forecast is also bolstered by its key technical signals. Over the past 17 days, the token has developed a strong golden cross between the 20-day and 50-day EMAs. This indication is widely recognized in the industry as a classic example of a bullish continuation sign. These events suggest momentum may continue upward if buyers hold control.
Nevertheless, caution is still warranted. Many price bars exhibit long upper wicks, showing heavy selling still continues. That tug-of-war between bears and bulls suggests supply is being aggressively challenged even as buyers try to absorb it. In other words, while momentum is building, the battle is not yet decided.
For this optimism to convert into sustained gains, ZORA price will need to clear above $0.12–$0.13 resistance properly. Also it needs to avoid its price slipping back toward $0.06–$0.04 zones.