Down 27.4% in 7 days, $ZEC has fallen the most among today's major coins over the past week, and is down about another 9% in the last 24 hours.
It's now trading around $881. The 24-hour range is $876.64 to $992.98, with spot trading volume of about $155 million over the past 24 hours. Over 7 days, the range is $876.64 to $1,290. The $876.64 level is both the 24-hour low and the 7-day low, and the current price is only about 0.5% above it.
Three levels to watch tonight: $992.98 above (the 24-hour high), then $1,290 (the 7-day high); and $876.64 below (the low for both the 24-hour and 7-day periods). If it holds above $992.98, the next level to watch is $1,290—no problem. If it breaks below $876.64, the 7-day range will need a new bottom.
The whole market is falling: BTC is down about 10.7% over 7 days, ETH about 11%, and SOL about 12.8%. ZEC's 27.4% drop is nearly twice as much—or more.
At $876.64, are you watching to see if it holds or breaks down tonight?
$ZEC #行情观察 #Zcash
It's now trading around $881. The 24-hour range is $876.64 to $992.98, with spot trading volume of about $155 million over the past 24 hours. Over 7 days, the range is $876.64 to $1,290. The $876.64 level is both the 24-hour low and the 7-day low, and the current price is only about 0.5% above it.
Three levels to watch tonight: $992.98 above (the 24-hour high), then $1,290 (the 7-day high); and $876.64 below (the low for both the 24-hour and 7-day periods). If it holds above $992.98, the next level to watch is $1,290—no problem. If it breaks below $876.64, the 7-day range will need a new bottom.
The whole market is falling: BTC is down about 10.7% over 7 days, ETH about 11%, and SOL about 12.8%. ZEC's 27.4% drop is nearly twice as much—or more.
At $876.64, are you watching to see if it holds or breaks down tonight?
$ZEC #行情观察 #Zcash
