Zcash $ZEC Price Outlook: Sideways
|$ZEC Price Change|
The Zcash monthly trend is down. It’s been quite the roller coaster ride for Zcash when you look at the daily chart. On November 28 $ZEC posted a high of 0.0222 BTC (today this is valued at $82.27). Yesterday $ZEC printed a low of 0.017275 BTC (today valued at $64.02).
Looking at the broader picture we see the Zcash price -8.09% lower today than it was a month ago, and down -14.59% on the week.
[Trend is "down" when the monthly price movement is predominantly downwards.]
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65.13 USDC Last trade price
7,155 ZEC24h volume
Moving Average Convergence Divergence (MACD)
The MACD on the four hour chart is bearish.
Exponential Moving Averages (EMA)
|7 day||0.017985 BTC|
|25 day||0.018530 BTC|
|99 day||0.018791 BTC|
The short term EMA is below both the medium and long term EMA, and is pointing downwards. This is a bearish state.
Relative Strength Index (RSI)
The Relative Strength Index on the one hour chart is 36.7. The one, two and four hour RSI are all in the neutral zone.
Bitcoin Price Modifier
The 24 hour Bitcoin change is -3.00%. This may exert a bearish influence on Zcash today.
24 Hour Zcash $ZEC Price Outlook
- the twenty-four hour Zcash $ZEC price outlook is sideways
- if the price finds acceptance at higher levels the immediate resistance prints at 0.017749 BTC
- if the price finds acceptance at lower levels the immediate support prints at 0.017275 BTC
The author does not hold Zcash $ZEC at the time of writing.
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