Markets· ★★· bearish·

ZEC falls 6.16% to $1,083, approaching technical support

  • —ZEC is down 19.03% over seven days and 28.91% over 30 days
  • —RSI at 39.7 and bearish MACD; price sits below all short-term averages
  • —Daily volume of $817.6M is 31.15% below the 30-day average
  • —NU7 decision due October 20, but no confirmed link to the drop
Why it matters: Support sits near $1,068 (50% Fibonacci retracement); the October 20 NU7 decision could add volatility to ZEC.
Source: DiarioBitcoin