ZEC Falls 5.4% to $1,091 and Tests Key Support Levels
- —Price is below SMA-7 ($1,204), SMA-15 and SMA-30 but above SMA-90 ($945) and SMA-200 ($673)
- —RSI at 40.1 and stochastic at 12.1 signal pressure without a confirmed reversal
- —Daily volume of $779.9 million is 34.32% below the 30-day average
- —Annualized volatility is 107.2%, with ATR of $108.91, roughly 10% of price
Why it matters: ZEC still holds above its long-term averages, but losing short-term support on weak volume raises the risk of further downside.
Source: DiarioBitcoin