ZEC rebounds to $1,172 but technical signals stay cautious
- —ZEC trades at $1,172.12, up 1.57% on the day
- —Price sits below SMA-7, SMA-15, SMA-30 and SMA-50
- —Daily volume of $1.07 billion is 9.69% below the monthly average
- —30-day annualized volatility reaches 107.4%
Why it matters: The rebound lacks volume and indicator confirmation, so traders should wait for a close above resistance levels.
Source: DiarioBitcoin