ZEC Holds Above Long-Term Averages but Momentum Fades at $1,222
- —ZEC at $1,222.47, up 0.41% from the previous close
- —Daily volume of $480.28M is 65.59% below the 30-day average
- —RSI at 43.6 and bearish MACD signal near-term caution
- —Price sits above SMA-50, SMA-90 and SMA-200 but below short-term averages
Why it matters: Thin volume fails to confirm a recovery in ZEC even as the token keeps its longer-term structure above key moving averages.
Source: DiarioBitcoin
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