$ZEC Currently, its price is at $815.85.
In the last 24 hours it has fallen by 0.04%.
The price has decreased, so it shows some weakness. What gives us peace of mind is that the previous impulse left higher areas exposed, specifically the $885.00 zone.
In the short term, the buying volume had dropped a bit, but the truth is, buyers are still in control, although the lack of volume reduces momentum.
Key areas:
Support line: It is located in the $766.75 area. The key is to stay above it; you know what happens if we lose that level: exactly, the $435.29 zone would be exposed.
Resistance line: It is located in the $840.00 area. The key to enabling the upper zone is to reclaim the $840.00 level.
In the last 24 hours it has fallen by 0.04%.
The price has decreased, so it shows some weakness. What gives us peace of mind is that the previous impulse left higher areas exposed, specifically the $885.00 zone.
In the short term, the buying volume had dropped a bit, but the truth is, buyers are still in control, although the lack of volume reduces momentum.
Key areas:
Support line: It is located in the $766.75 area. The key is to stay above it; you know what happens if we lose that level: exactly, the $435.29 zone would be exposed.
Resistance line: It is located in the $840.00 area. The key to enabling the upper zone is to reclaim the $840.00 level.