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- ZEC coin price is currently observing a very strong upside momentum which can push the price to a new high. It has seen a loss of more than 6.8% in the intraday session
- Zcash price technical indicators suggest a strong bull trend in the price for the future. In contrast, ZEC/BTC pair has observed a loss of more than 9.44% in the past 24 hours
ZEC crypto price is currently observing a strong upside momentum which can push the price to a new high soon. Zcash coin asset price may soon touch a new high. The coin has a negative ROI but can soon convert to the positive one in future
The upside momentum of ZEC might see a hostility near the value of $200. On the downtrend, one can see a halt near $100. Zcash coin price is currently trading above the 50 and 100 Daily Moving Average which can push the asset price to a new high in upcoming days. If the asset price breaks above 100 MA . The 100MA line is near $130 which can act as a temporary support zone for the price. ZEC/BTC pair can also observe a strong bullish trend in price and can soon see a new high. One can invest in ZEC as per their needs and risk adversity.
Zcash’s market dominance along with the market cap is seeing a strong recovery and can soon see new highs being formed. The ZEC price is currently seeing a strong upside momentum which can push the price. The volume to market capitalization ratio of the Zcash hints towards a bullish trend in the price for the future. One can forecast strong growth in ZEC in the future.
ZEC Crypto Price Bulls Are Ready To Push The Price To A New High
The weekly technical chart of ZEC coin price suggests a strong upside momentum in the price for the future. On the daily chart, the asset price is seeing a bullish pattern which can push the price to a new high in the future. The coin price can soon see a new high being formed in the upcoming days. The coin price has formed a bullish engulfing pattern on the daily chart. If the price of the coin sees a momentum of 15 to 20% above the current mark then a strong bull trend can be seen. ZEC/BTC pair can also see a strong upside trend in the future
CONCLUSION
ZEC coin price is currently seeing an upside trend which can push the price to a new high. ZEC/BTC pair can also observe a strong bull trend in the future.
TECHNICAL LEVELS
Major Resistance:$200
Major Support:$100
