Zcash (ZEC) Holds 50-Day Average After 35% Drop From $1,700 Peak
- —ZEC fell about 35% from its $1,700 peak
- —The low came in near $1,110 on October 7
- —The decline took roughly one week
- —The token held its 50-day moving average
Why it matters: Holding the 50-day average could signal the sell-off is stalling, though the token remains tied to broader market sentiment.
Source: Coinotag