Markets· ★★· bearish·

ZEC falls 5.1% to $1,219, tests key support at $1,214

  • —ZEC is down 5.1% on the day at $1,219.56
  • —RSI stands at 48.3 with a weak positive MACD histogram
  • —Daily volume of $975.76 million is 11.61% below the 30-day average
  • —Support at $1,214.39, resistance at $1,233.97
Why it matters: ZEC remains 79% below its all-time high, and holding $1,214 will determine whether the correction deepens after a 149% 90-day rally.
Source: DiarioBitcoin