ZEC rises 9.26% to $1,265 against a red market
- —ZEC added 9.26% in 24 hours, with a daily high of $1,265.45
- —99.9% of votes backed halvings and 25-second blocks
- —RSI at 70.8 signals overbought conditions after a 145% gain over 30 days
- —$17.2 million in longs were liquidated, and open interest fell 20%
Why it matters: ZEC is showing strength against a falling market, but overbought conditions and long liquidations raise the risk of a correction.
Source: DiarioBitcoin