Markets· ★★★· bullish·

Zcash reclaims $1,300 as ETF inflows hit 30-day high

  • —Grayscale ZEC ETF inflows hit $15.18 million, up from $1.61 million a day earlier
  • —ZEC futures open interest climbed to $2.89 billion from $2.25 billion on Monday
  • —ZEC holds above the 50-period EMA at $1,210 and 200-period EMA at $1,235
  • —RSI near 64 and MACD in positive territory support the bullish bias
Why it matters: Renewed institutional demand and rising open interest could push ZEC toward its September 26 peak of $1,698.
Source: FXStreet Crypto