Markets· ★★· neutral·

ZEC rises 2.50% to $1,349.65 but volume runs 37% below average

  • —ZEC trades at $1,349.65, up 2.50% on the day and 17.89% over 30 days
  • —Daily volume near $922 million, 37.31% below the 30-day average
  • —RSI at 51.6 and a bearish MACD leave the trend unconfirmed
  • —Annualized volatility at 123.7% as $93.6 million exits the Zcash ETF
Why it matters: A rally on thin volume and ETF outflows is fragile; a breakout backed by rising activity is needed to confirm a trend change.
#ZEC
Source: DiarioBitcoin
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