ZRX bearish short-term, bullish long-term chart

ZRX has taken a nice uptrend against the US dollar, which can be observed in the chart below with the coin posting higher highs and higher lows, however, there still is room for a bit of consolidation before we see any significant move up.

My thesis is backed up by the Relative Strenght Index, which still shows room for a decline and still stands within normal range.

This is not investment advice and expresses my own opinion.