ZEC / Zcash Daily Analysis – Oct 19
Price: $1,162 (+5.95% 24h)
High: $1,191 | Low: $1,049 | Open: $1,096
My Take:
ZEC is holding strong above $1,100 support after defending the $1,049 demand zone. The coin is up 2.2% today with bullish momentum, but facing resistance near $1,190-$1,200.
Binance recently added ZEC/USDC futures with 75x leverage, which increased volume significantly.
What I'm watching:
Support: $1,100 - $1,050
Resistance: $1,191
$ZEC
Price: $1,162 (+5.95% 24h)
High: $1,191 | Low: $1,049 | Open: $1,096
My Take:
ZEC is holding strong above $1,100 support after defending the $1,049 demand zone. The coin is up 2.2% today with bullish momentum, but facing resistance near $1,190-$1,200.
Binance recently added ZEC/USDC futures with 75x leverage, which increased volume significantly.
What I'm watching:
Support: $1,100 - $1,050
Resistance: $1,191
$ZEC
