$ZEC Currently, its price is at $1,180.80.
In the last 24 hours it has risen by 4.33%.
In the long run, the bullish structure looks a bit unstable, but there's nothing to worry about; I just want to say that the level of $886.60 would be exposed as a possible first support point.
In the short term, buyers continue to dominate; however, weakness has already been noticeable. This reduces the strength of the momentum and weakens the upward move. Therefore, $886.60 has been considered.
Key zones:
Support line: It is located in the $886.60 area. The key is to stay above this level, because if it is lost, $766.75 would be exposed as a possible second support point.
Resistance line: It is located in the $1,215.00 area. This level is undoubtedly a strong ceiling right now.
In the last 24 hours it has risen by 4.33%.
In the long run, the bullish structure looks a bit unstable, but there's nothing to worry about; I just want to say that the level of $886.60 would be exposed as a possible first support point.
In the short term, buyers continue to dominate; however, weakness has already been noticeable. This reduces the strength of the momentum and weakens the upward move. Therefore, $886.60 has been considered.
Key zones:
Support line: It is located in the $886.60 area. The key is to stay above this level, because if it is lost, $766.75 would be exposed as a possible second support point.
Resistance line: It is located in the $1,215.00 area. This level is undoubtedly a strong ceiling right now.