Zcash Market Report: $ZEC Up With Korean Surge

Brief:


It is only a modest surge, but Zcash is enjoying the booming Korean market. Zcash is up 5.72% in 24 hours, down -8.64% on the week and up 10.72% on the month on a last price of 295500 won or about $258.15. The Zcash marketcap is $603,975,743 with a circulating supply of 2,339,631 $ZEC. $ZEC/KRW is trading between a 24hr high of 311500 won ($272.13) and a 24hr low of 275850 ($240.98) on a 24hr Bithumb volume of $21,198,870. In light volume trading the weekly trend is mixed.

Last price

295500 $ZEC/KRW

$USD

last price $ 258.15
one week ago $ 282.57
percentage -8.64%

Volume

Volume

$ZEC 24 hour volume
KRW $21,198,870
all currencies $64,645,100

The 24 hour volume for $ZEC/KRW on Bithumb is 21,198,870. This volume weight is light when compared with Bithumb daily trading levels for $ZEC over the last month.

The total 24 hour volume for all reporting $ZEC markets is $64,645,100.

Market Share

The Bithumb currency pair $ZEC/KRW is 32.79% of all $ZEC traded in twenty-four hours. This is the top market share worldwide of all Zcash currency pairs.

Remarks

It is only a modest surge, but Zcash is enjoying the booming Korean market. Zcash is up 5.72% in 24 hours, down -8.64% on the week and up 10.72% on the month on a last price of 295500 won or about $258.15. The Zcash marketcap is $603,975,743 with a circulating supply of 2,339,631 $ZEC. $ZEC/KRW is trading between a 24hr high of 311500 ($272.13) and a 24hr low of 275850 ($240.98) on a 24hr Bithumb volume of 21,198,870. In light volume trading the weekly trend is mixed.

Yesterday we saw $XRP make huge gains on the Korean Bithumb exchange. Today with Zcash we see only a modest gain. However, if it wasn’t for the new booming Korean market we may have instead seen a decline.

CoinMarketCap.com YTD Chart

One Day Candles

Browse Zcash Collection

Learn about the unique characteristics of $ZEC. Browse our collection of Zcash Market Reports.

Bitcoin Background

Alts may show a relationship with bitcoin which changes with the alt, bitcoin and market conditions.

24 Hours of Bitcoin
24 Hours of #Bitcoin
1.33% price $4,374.33
vol $1,087,720,000
mktcap $72,645,154,460
16.61M #XBT 17:33 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
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Price change

Price change is the $ZEC percentage change within the period:

period change
day 5.72%
week -8.64%
month 10.72%

Highlight Chart

Tap / click to enlarge:

Data source

Bithumb is the main data source for this report. Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Zcash market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 603,975,743
Circulating supply 2,339,631
Last price $ 258.15
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 311500
daily low 275850

Trend

The weekly trend is mixed.

trend is MIXED

Resistance

Resistance is the highest price within the period:

period resistance
day 311500
week 322550

Support

Support is the lowest price within the period:

period support
day 275850
week 263500

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

It is only a modest surge, but Zcash is enjoying the booming Korean market. Zcash is up 5.72% in 24 hours, down -8.64% on the week and up 10.72% on the month on a last price of 295500 won or about $258.15. The Zcash marketcap is $603,975,743 with a circulating supply of 2,339,631 $ZEC. $ZEC/KRW saw weekly resistance at 322550 and weekly support at 263500. Market sentiment is neutral. The weekly trend is mixed in light volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Friday October 06 2017 16:19 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

Zcash, $ZEC, KRW, Bithumb, Market, Report, $ZEC/KRW, altcoins

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