🟢 $ZEC · 1H
$1,288 keeps $ZEC on the stronger side of its hourly averages. $1,325 has been the ceiling over the last three days and $ZEC is back at it. Price is holding in the upper third of that range. That is 2.9% to the ceiling and 13.1% to the floor. The 20 crossed above the 50 recently, for only 7 candles, so this leg is still young. RSI at 65 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $1,159 and $1,325, sitting near the top of it now. Turnover is unremarkable, running 1.2x the recent average. Up 9.2% over 24 hours.
DYOR
$ZEC #TechnicalAnalysis
$1,288 keeps $ZEC on the stronger side of its hourly averages. $1,325 has been the ceiling over the last three days and $ZEC is back at it. Price is holding in the upper third of that range. That is 2.9% to the ceiling and 13.1% to the floor. The 20 crossed above the 50 recently, for only 7 candles, so this leg is still young. RSI at 65 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $1,159 and $1,325, sitting near the top of it now. Turnover is unremarkable, running 1.2x the recent average. Up 9.2% over 24 hours.
DYOR
$ZEC #TechnicalAnalysis
