ZEC slips 1.71% to $1,235 as NU7 upgrade expectations build
- —ZEC fell 1.71% to $1,235.19, intraday range $1,227–1,290
- —Daily volume of $1.41B is 24.99% above the 30-day average
- —Price is 4.37% below VWAP and under the 20-, 30- and 50-day SMAs
- —ZEC is up 153.2% over 90 days and 369.25% over 52 weeks
Why it matters: The NU7 upgrade could cut Zcash block times to 25 seconds, but without demand confirmation the price stays under pressure.
Source: DiarioBitcoin