
ZEC Jumps 10.32% to $1,320, Nears Key Resistance
- —ZEC trades at $1,320.83, intraday high $1,322.63
- —Volume of $883.5M is 13% below the 30-day average
- —RSI at 55.5 and stochastic at 86.5 signal stretched momentum
- —Reported market cap stands at $22.37B
Why it matters: A rally on weak volume and no clear catalyst raises reversal risk at resistance; a confirmed breakout would validate the trend, a rejection could send price back to the 50-day SMA.
Source: DiarioBitcoin