$ZEC
🚨ZEC price prediction: technical analysis
Zcash price🚨

The daily chart shows that Zcash price has been in a strong uptrend in the past 12 months. It recently crossed the important resistance level of $1,288, its highest level on September 9.
Zcash has remained above all moving averages, which is a bullish sign. The risk, however, is that the coin is flashing a bearish divergence pattern. The Relative Strength Index (RSI) has slipped from 88 to the current 72.
Also, the Percentage Price Oscillator (PPO) has formed a bearish divergence. Therefore, the token may retreat and retest the support of $1,288, and then rebound towards $2,000.

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