ZEC drops 9.66% to $1,208 and tests key support levels
- —ZEC fell 9.66% to $1,208.25, with an intraday low of $1,204.87
- —Daily volume of $1.08 billion was 17.61% below the 30-day average
- —RSI at 44 and a bearish MACD show no oversold signal
- —About $19.9 million in ZEC positions were liquidated
Why it matters: ZEC is still up 113% over 90 days, but a break below the $1,205 support could accelerate selling amid broad risk-off sentiment.
Source: DiarioBitcoin