Altcoins

Zcash Market Report: $ZEC Making Up for Bitcoin Crash Losses

Brief:


Zcash is making up for losses suffered in the latest bitcoin crash with good daily and weekly increases. Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56. The Zcash marketcap is $1,403,550,348 with a circulating supply of 3,237,269 $ZEC. $ZEC/BTC is trading between a 24hr high of 0.053460 BTC ($433.56) and a 24hr low of 0.045801 BTC ($371.44) on a 24hr Huobi volume of $14,606,200. This trading volume is heavy. The weekly price trend is mixed.

Last price

0.053460 $ZEC/BTC

$USD

last price $ 433.56
one week ago $ 330.32

Price change

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

period change
day 15.17%
week 31.25%
month 19.23%

Volume

Volume

$ZEC 24 hour volume
BTC $14,606,200
all $ZEC currencies $111,900,000

The 24 hour volume for $ZEC/BTC on Huobi is $14,606,200. This volume weight is heavy when compared with Huobi daily trading levels for $ZEC over the last month.

The total 24 hour volume for all reporting $ZEC markets is $111,900,000.

Market Share

The Huobi currency pair $ZEC/BTC is 13.05% of all $ZEC traded in twenty-four hours.

Top 15 $ZEC Pairs

Remarks

Zcash is making up for losses suffered in the latest bitcoin crash with good daily and weekly increases. Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56. The Zcash marketcap is $1,403,550,348 with a circulating supply of 3,237,269 $ZEC. $ZEC/BTC is trading between a 24hr high of 0.053460 BTC ($433.56) and a 24hr low of 0.045801 BTC ($371.44) on a 24hr Huobi volume of $14,606,200. In heavy volume trading the weekly trend is mixed.

One Year Chart

One Day Candles

Browse Zcash Collection

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

Friday February 09 2018 Bitcoin Background

Altcoins such as Zcash ($ZEC) may show a relationship with Bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
6.08% price $8,219.18
vol $9,221,180,000
mktcap $138,524,514,514
16.85M #XBT 00:15 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Two Days Ago

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56.
Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56.

Data sources

Main Data Source

Huobi is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Huobi.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are data products from KittyBitcoin.com

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 $ 1,403,550,348
Circulating supply 3,237,269
Last price $ 433.56

Daily High Low

daily high 0.053460 BTC
daily low 0.045801 BTC

Trend

The weekly trend is mixed.

trend is MIXED

Trend is "mixed" when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 0.053460 BTC
week 0.053460 BTC

Today’s last price is the high of the week.

Support

Support is the lowest price within the period:

period support
day 0.045801 BTC
week 0.038202 BTC

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Zcash is making up for losses suffered in the latest bitcoin crash with good daily and weekly increases. Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56. The Zcash marketcap is $1,403,550,348 with a circulating supply of 3,237,269 $ZEC. $ZEC/BTC saw weekly resistance at 0.053460 BTC ($433.56) and weekly support at 0.038202 BTC ($309.81). Market sentiment is bullish. The weekly price trend is mixed in daily heavy 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 February 09 2018 00:54 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

Zcash, $ZEC, BTC, Huobi, Market, Report, $ZEC/BTC, altcoins

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
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