Zcash Trades Near $1,320 as Analyst Ardi Sees Rejection at $1,500 Before Another Leg Down
- —ZEC trades near $1,320.83, down 3.35% on the session
- —Daily range runs from $1,289.54 to $1,370.21, near the lower band
- —ZEC is about 22% below its late-September peak above $1,600
- —Analyst Ardi expects a bounce to $1,500 before another decline
Why it matters: The forecast gives ZEC holders a reference point: a bounce to $1,500 could mark the next reversal lower.
Source: Coinotag