ZEC pulls back 3.14% to $1,472 after 150% monthly rally
- —Price $1,472.20, down 3.14% in 24 hours after a high of $1,580.85
- —+149.67% over 30 days and +2,751.96% over a year, RSI 74.5 — overbought
- —NU7 proposed for activation on November 5, final decision on block height due October 20
- —Grayscale ETF (ZCSH) attracted $233 million and is preparing a 3-for-1 split
Why it matters: ZEC has turned from a niche privacy asset into an institutional instrument, but overbought conditions and the pullback from $1,581 resistance threaten a deeper correction.
Source: DiarioBitcoin