ZEC jumps 12.17% in 24 hours to $1,532; RSI at 79.7 signals overbought
- —ZEC at $1,531.92: +12.17% in 24 hours, +34.77% in a week, +3000% over 52 weeks
- —RSI at 79.7 and price above the upper Bollinger Band — risk of a 5–10% correction
- —Grayscale ZCSH ETF has accumulated $890 million in assets, 3-for-1 split from September 30
- —Daily volume of $1.9 billion, 32.75% above the 30-day average
Why it matters: Extreme overbought conditions amid strong institutional demand create a risk of a sharp ZEC correction in the coming days.
Source: DiarioBitcoin