$ZEC is locked in a tense consolidation phase. After a steep drop from the 1,300 range down to a hard floor of 1,187.50, the bulls have slowly ground out a recovery. Despite a recent push upward, the price faced rejection and is now hovering barely in the green.
Here is the full breakdown:
Current Price: 1,232.34 (+0.14%)
INR Value: Rs 341,000.8
24h High: 1,258.61
24h Low: 1,187.50
24h Vol: 136,334.63 ZEC ($166.82M )
Look at the chart: massive volume of over 166 million USDT is keeping the market highly active. The price action shows a choppy upward channel off the bottom, but it recently faced a sharp pullback after a spike. Will ZEC gather enough momentum to break the upper resistance, or is another test of the 1,187 floor incoming? The tension is mounting.
Here is the full breakdown:
Current Price: 1,232.34 (+0.14%)
INR Value: Rs 341,000.8
24h High: 1,258.61
24h Low: 1,187.50
24h Vol: 136,334.63 ZEC ($166.82M )
Look at the chart: massive volume of over 166 million USDT is keeping the market highly active. The price action shows a choppy upward channel off the bottom, but it recently faced a sharp pullback after a spike. Will ZEC gather enough momentum to break the upper resistance, or is another test of the 1,187 floor incoming? The tension is mounting.
