Zebec Network has seen a 20% surge in price following news of the leadership's invitation to speak at the UK Parliament on July 10.
Announcement of Parliament Appearance
Zebec Network leadership has been invited to address the House of Lords on July 10. COO Simon Babakhani and Head of M&A Neal Padhye will discuss compliance, whistleblower protections, and blockchain regulation. This event has garnered attention from industry experts and lawmakers, likely boosting interest in the project.
Zebec Network Price Dynamics
Following the announcement on July 7, ZBCN price rose from $0.0027243 to an intraday high of $0.0030977 on July 9, representing a 13% increase. Trading volume also significantly increased, adding credibility to this bullish breakout. Currently, the price retraces and trades at $0.0029.
Market Prospects and Trends
If the price holds above $0.0024 and breaks resistance around $0.0031, it could confirm a breakout pattern with potential targets at $0.0035-$0.0040. Sustained movement above $0.0040 may open doors for new highs towards $0.0046–$0.0050.
Thus, Zebec Network displays positive trends with key discussions in parliament and potential price growth. Market conditions may further attract interest to the project and its market value.