ZEC Rises 3.10% to $1,208 but Volume Fails to Confirm the Rebound
- —Daily volume of $605M is 42.09% below the 30-day average
- —Price sits above SMA-10 and SMA-90 but below SMA-30 and SMA-50
- —ZEC is down 21.33% over 30 days with 105.8% annualized volatility
- —Reported market cap stands at $20.46B
Why it matters: A rebound on thin volume is fragile; ZEC needs to reclaim its 30- and 50-day averages on rising turnover to confirm a reversal.
Source: DiarioBitcoin