ZEC drops 9.78% to $1,188 and tests key support levels
- —ZEC trades at $1,188.26, down 9.78% on the session
- —Daily volume of $1.57 billion is 10.74% above the 30-day average
- —Price sits below SMA-7, SMA-15 and SMA-30 but above SMA-50
- —RSI at 41.5 and a bearish MACD signal sustained selling pressure
Why it matters: A break below current support could deepen the selloff in ZEC, while holding the level may bring buyers back.
Source: DiarioBitcoin