Markets· ★★· bearish·

ZEC drops 6.92% to $1,226, tests support at $1,213

  • —ZEC trades at $1,225.99, down 6.92% on the day
  • —Volume of $980.7 million is 30.9% below the 30-day average
  • —RSI at 43.6, MACD histogram negative, stochastic K at 0.0
  • —Nearest supports stand at $1,213.07 and $1,162.19
Why it matters: ZEC still holds above its SMA-50 at $1,162, but a break of that level would weaken the medium-term setup after a 421% yearly gain.
Source: DiarioBitcoin