ZEC falls 3.52% to $1,129.68 as technical signals weaken
- —Price sits below SMA-7, SMA-15 and SMA-30 but above SMA-90 at $958.81 and SMA-200 at $682.21
- —Daily volume of $714.43 million is 37.51% below the 30-day average of $1.14 billion
- —ZEC is still up 120.78% over 90 days and 309.76% over 52 weeks
- —Neither THORChain's ZEC swap pause nor ILITY's bridge closure has been confirmed as the cause
Why it matters: ZEC remains one of the year's top performers, but weak short-term momentum leaves room for further correction toward its SMA-90.
Source: DiarioBitcoin