ZEC under pressure: price at $1,213.87 below short-term averages, RSI at 44.4
- —Price at $1,213.87 sits below SMA-7, SMA-15 and SMA-30 but above SMA-50, SMA-90 and SMA-200
- —RSI at 44.4 and negative MACD point to weak momentum without capitulation
- —Intraday range of $1,133.18–$1,343.91 with 116.2% annualized volatility
- —Volume of $1.18 billion is 9.81% below the 30-day average
Why it matters: ZEC is still up 119% over 90 days, but weak short-term averages and high volatility warrant caution until a reversal is confirmed.
Source: DiarioBitcoin