$ZEC It’s starting to show signs of leveling off, guys. BTC is still dropping, but ZEC isn’t falling as much, which suggests selling pressure has weakened. The other day, it dipped below the 800 area but was immediately pulled back up, so I think this area is fairly strong support, or there’s quite a bit of dip buying here. The long-short ratio is also pretty balanced right now, although positions still lean toward the long side. Not sure if it’s being accumulated, but the price is having a hard time breaking much lower. If BTC levels off or turns around, ZEC could bounce back very quickly. $ZEC

$ZEC It’s starting to show signs of leveling off, guys. BTC is still dropping, but ZEC isn’t falling as much, which suggests selling pressure has weakened. The other day, it dipped below the 800 area but was immediately pulled back up, so I think this area is fairly strong support, or there’s quite a bit of dip buying here. The long-short ratio is also pretty balanced right now, although positions still lean toward the long side. Not sure if it’s being accumulated, but the price is having a hard time breaking much lower. If BTC levels off or turns around, ZEC could bounce back very quickly.
$ZEC