Zcash ($ZEC ) is attempting to extend its momentum as price action pushes back upward following a brief consolidation phase. After absorbing multi-week volatility and managing recent pullbacks, price has reclaimed higher levels and is currently hovering in the $785 to $810 range.
Trading volume remains active near $1.2B over 24 hours. Market participants are closely watching order flow to confirm whether buyers can maintain pressure above local support or if sellers will force another retest of the lower range.
Where things stand on the chart
On the downside: The immediate support floor to monitor is between $760 and $770. If distribution picks back up and forces a daily close below $760, price could slide lower toward the $680 – $710 liquidity zone.
On the upside: Lower timeframes show buyers actively defending local dips. Securing a clean daily close above the $815 – $845 resistance hurdle opens immediate room for an expansion run toward the recent high near $880+...
See more details here 👇
$BEAT
$LAB #ChinaOpposesUSProposed7.5%Tariff #BankOfKoreaHikesRatesTo3% #XRPLeadsCryptoPullbackDropsNearly7% #zec #crypto
Trading volume remains active near $1.2B over 24 hours. Market participants are closely watching order flow to confirm whether buyers can maintain pressure above local support or if sellers will force another retest of the lower range.
Where things stand on the chart
On the downside: The immediate support floor to monitor is between $760 and $770. If distribution picks back up and forces a daily close below $760, price could slide lower toward the $680 – $710 liquidity zone.
On the upside: Lower timeframes show buyers actively defending local dips. Securing a clean daily close above the $815 – $845 resistance hurdle opens immediate room for an expansion run toward the recent high near $880+...
See more details here 👇
$BEAT
$LAB #ChinaOpposesUSProposed7.5%Tariff #BankOfKoreaHikesRatesTo3% #XRPLeadsCryptoPullbackDropsNearly7% #zec #crypto
