$ZEC or XMR for the next leg? Only one.
ZEC is sitting at $474.71 and getting smacked -6.47% on the day 😬
That 4h dump is ugly, but RSI(14) is 24 and this thing is basically washed out now.
Volume is only $52.06M, about 0.1x the 20d avg, so this is not some healthy bid chase. It’s chop, mixed MAs, and longs still paying 0.008% while price slips. 👀
Still, ZEC is 48% up its 30d range and only 19% off the high. That’s the setup I watch.
Either this reclaims fast or XMR keeps the crown.
Pick one.
ZEC or XMR?
What’s your target here?
#ZEC
#Trading
ZEC is sitting at $474.71 and getting smacked -6.47% on the day 😬
That 4h dump is ugly, but RSI(14) is 24 and this thing is basically washed out now.
Volume is only $52.06M, about 0.1x the 20d avg, so this is not some healthy bid chase. It’s chop, mixed MAs, and longs still paying 0.008% while price slips. 👀
Still, ZEC is 48% up its 30d range and only 19% off the high. That’s the setup I watch.
Either this reclaims fast or XMR keeps the crown.
Pick one.
ZEC or XMR?
What’s your target here?
#ZEC
#Trading