- The Zcash coin price is neutral, around 0.1%, during the intraday trading session.
- The 24-hour trading volume is at $253 million.
- ZEC/BTC pair is trading neutral by 0.3% at 0.00242022 BTC.
Daily technical chart and price trend of Zcash show a bullish trend. Based on the pivot level, the first support zone is 80 USDT. From another perspective, if it rushes, the resistance level to watch is 155 USDT. Thus, the graph made a bearish harami candle pattern during the day, and the cost is relied upon to remain downside with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost moves below the red ribbon, so it will guarantee a downswing in Zcash until it’s below the ribbon.
Trading volume (488.831 K) is below the 20-day moving average (1.153 M). To put it plainly, the volume is moderate, making the cost gradually move towards the pivot levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The Schaff Trend Cycle indicator (bullish) with a 93 represents a buy signal in the coin, projecting an uptrend. Additionally, Investors can see a green buy signal and an upward slope in the index.
Zcash Coin Price Trend Cycle Flips to Bullish
Zcash is priced at $115.99 today and has a 24-hour trading volume of $252,025,943. ZEC prices have fallen -0.1% in the last 24 hours. It has a circulation of 12 million ZEC coins and a total of 21 million. The STC points to a buying signal, and the traders have prompted moderate volume. In fact, the cost moves towards the pivot levels. In like manner, with the general market perspective, the pattern stays bullish for coming trading days.
Resistance Level: $155
Support Level: $80