ZEC rises 2.84% to $1,253.7 on weak volume and mixed signals
- —ZEC rose 2.84% to $1,253.7 after opening at $1,219.6
- —Daily volume of $0.47M is 64.84% below the 30-day average
- —RSI at 46.3 and a bearish MACD do not confirm a trend reversal
- —ZEC trades 78.9% below its all-time high of $5,941.79
Why it matters: A rally without volume confirmation leaves the trend unproven; traders should watch a break above $1,268.51 or a defense of $1,213.07.
Source: DiarioBitcoin