ZCash (ZEC) Long-term Price Analysis – January 13

2019-1-13 12:26

ZEC/USD Long-term Trend – Ranging Distribution territories: $80, $90, $100 Accumulation territories: $40, $30, $20

ZEC/USD market point has been witnessing choppy price movements around $60 mark from December 26 until now. The currency pair in the past firstly tested the said market point between last year’s December 25 and 26 after a long notable decline in the market.

On December 6, the same point in question was eventually breached southwards but to establish range zones of $60 and $50 marks since then. The 14-day SMA is located within the range zones underneath the 50-day SMA with a short space between them. The Stochastic Oscillators have closed hairs below range 40.

As the $60 and $50 marks have been observed as the two key range zones of the market presently, it’s so much necessary that traders should await an emergence of price action to play out prior placing a trade. More importantly, the $60 price point needs to be wary of as it could act as the vital point for bulls’ foundation as well as a reversal point for bears to re-feature in the market.

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Zcash (ZEC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $27.26
Капитализация $0 Rank 99999
Цена в час новости $ 56.2 (-100%)

zec market territories usd point long-term price

zec market → Результатов: 39


Zcash (ZEC) Sapling Privacy Features Becomes a Desirable Trait for Many New Services

ZCash (ZEC) is one of the so-called privacy coins in the cryptocurrency market. It allows individuals to transact funds without others knowing the number of funds moved and transacted. According to a recent post uploaded by Paige Peterson, since the Sapling network upgrade, the network has experienced an increased adoption of shielded addresses in the […]

2018-12-18 19:53


Zcash (ZEC) Founder Zooko Wilcox Talks About Coming to Coinbase and Privacy Consent

Zcash Coming to Coinbase – Privacy Concerns Zcash is one of the best-known privacy coins in the market. One of its main motivations is privacy and its founder, Zooko Wilcox, believes that the cryptocurrency industry can attain privacy for everyone – Zcash is the brains behind the formidable zk-SNARK security protocol. However, there are concerns […]

2018-12-5 20:09


ZCash (ZEC) Long-term Price Analysis – December 2

ZEC/USD Long-term Trend – Ranging Distribution territories: $120, $140, $160 Accumulation territories: $50, $30, $10 Last week, the ZEC/USD market worth was in a bearish trend outlook, but the crypto could not push southwards further after hitting a strong accumulation territory of the $60 on November 25. Between November 26 and 27, the crypto tried […]

2018-12-2 11:49


Cardano (ADA) Search Volume Spikes Following Coinbase Announcement

Cardano (ADA)–The eighth largest cryptocurrency by market capitalization continues to gain momentum following the landmark announcement by U. S. -based cryptocurrency exchange Coinbase. On Friday, Coinbase made waves across the industry by announcing it’s exploration into five new cryptocurrencies: Basic Attention Token (BAT), Zcash (ZEC), Stellar (XLM), 0x (ZRX), and Cardano (ADA).

2018-7-16 21:15