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LayerZero (ZRO) price rebounds above $1.80 amid new stablecoin partnership with Loon Finance

Technical Signals
02 Nov 2026, 02:05 WIB
Tokenpost
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Bullish
LayerZero (ZRO) price rebounds above $1.80 amid new stablecoin partnership with Loon Finance

LayerZero (ZRO) price recovered from a low of $1.41 on October 30 to trade above $1.80, surpassing key resistance levels including the 61.8% Fibonacci retracement at $1.51. The rebound was supported by a 9.8% rise in open interest and increased spot cumulative volume delta, despite a 41.3% drop in daily trading volume. Loon Finance selected LayerZero’s OFT Standard as the interoperability solution for its Canadian dollar-backed stablecoin (CADC), citing security, liquidity, and compliance benefits. A sustained drop below $1.417 could negate the short-term bullish trend.

Following LayerZero's recent price rebound above $1.80, the token trades at Rp32.919 on Pluang as of Nov 02, 2026 07:11 WIB, showing a slight 0.72% decrease over the past day. The market cap stands at Rp13,18 trillion with a 24-hour trading volume of Rp1,46 trillion. Pluang users currently favor buying ZRO, with 69% of order activity on the platform being buys and a typical holding period of 13 days.

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