ZEC Rises 3.24% to $1,177, Holds Highest Since November 2016
- —ZEC at $1,177.01, up 3.24% in 24 hours, range $1,113.82–$1,219.10
- —Volume at $1.54 billion, 27.5% above the 30-day average
- —Up 141.75% over 30 days, up 2,233% over a year, 80% below the $5,941.79 ATH
- —RSI at 67, price 144% above the 200-day SMA ($481), MACD losing momentum
Why it matters: The rally is supported by the closing of crowded shorts and new liquidity routes including THORChain, but the extension above the moving average raises the risk of a correction.
Source: DiarioBitcoin