$ZEC Currently its price is at 493.65.
In the last few hours it has fallen by -7.33%.
In the long term, the trend is bullish. We’ll see if it’s only correcting and liquidating in the lower area, cautiously, to break the ceiling and give continuity to the move.
In the short term, the move is bearish; the structure needs to correct the lower zones to continue the trend.
The ceiling is around $535.00. The move needs more fuel to fully break through that ceiling.
Meanwhile, down below we have $478.90; we need to see if that level holds as support.
In the last few hours it has fallen by -7.33%.
In the long term, the trend is bullish. We’ll see if it’s only correcting and liquidating in the lower area, cautiously, to break the ceiling and give continuity to the move.
In the short term, the move is bearish; the structure needs to correct the lower zones to continue the trend.
The ceiling is around $535.00. The move needs more fuel to fully break through that ceiling.
Meanwhile, down below we have $478.90; we need to see if that level holds as support.