ZEC drops 7.29% to $1,174 and tests key support levels
- —ZEC trades at $1,174.56 below its SMA-7, SMA-15 and SMA-30
- —RSI at 44 and negative MACD signal weak momentum
- —Volume of $1.27 billion is 1.27% below the 30-day average
- —ZEC is up 115.92% over 90 days and 439.95% over 52 weeks
Why it matters: The pullback follows a strong rally, but losing short-term averages could add pressure on ZEC if broader market weakness persists.
Source: DiarioBitcoin