ZEC climbs to $1,371 on volume 9.45% above average
- —Price of $1,371.45 sits above SMA-7, SMA-50 and SMA-200 ($724)
- —Volume of $1.07 billion is 9.45% above the 30-day average
- —Stochastic at 100 and %B at 105.9 flag overbought conditions
- —Market cap $22.94 billion, 76.9% below the all-time high
Why it matters: The rally is volume-backed, but overbought readings raise the risk of a pullback toward the $1,305 SMA-50.
Source: DiarioBitcoin