🔴 $ZEC · 1D
Price is $1,075 and $ZEC remains below the averages that capped it earlier. $465.97 on the low side and $1,698 on the high side have contained the last two months. That puts price in the middle of the range. Price is a long way from both ends of this range. The 20 has stayed above the 50 for a long stretch now. RSI at 39 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $1,049 and $1,157, sitting near the bottom of it now. Turnover is unremarkable, running 1.3x the recent average. Down 4.5% over 24 hours.
DYOR
$ZEC #TechnicalAnalysis
Price is $1,075 and $ZEC remains below the averages that capped it earlier. $465.97 on the low side and $1,698 on the high side have contained the last two months. That puts price in the middle of the range. Price is a long way from both ends of this range. The 20 has stayed above the 50 for a long stretch now. RSI at 39 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $1,049 and $1,157, sitting near the bottom of it now. Turnover is unremarkable, running 1.3x the recent average. Down 4.5% over 24 hours.
DYOR
$ZEC #TechnicalAnalysis