Price Analysis

Zcash (ZEC) Exhibits Growth Signs Today

The crypto market is likely to speed up the growth in the coming hours. The coins are moderately recovering yesterday’s tremendous fall. Zcash’s price is also on the same path. The coin is about to violate the immediate resistance level at $37.61. The intraday traders can expect a profitable day with ZEC.

If we look at yesterday’s statistics, Zcash (ZEC) was seen dealing at a high of $37.92 and at a low of 36.5. The volume marked as $126,188,199.

Zcash Price Prediction:

Yesterday, the ZEC coin started dealing at $37.73. The price jumped to $37.90 by 0.46%. The currency dropped in the later hours to $36.46 by 3.83%. Then, there was a slight recovery seen in the coin, and it surged to $37.46 by 2.47% hike. Further, the price slipped again and reached $36.70 by a fall of 2.04%.

The intraday loss in the Zcash price was 2.72%. Today, the coin is reflecting a slight improvement. The price counters moved from $36.70 to $36.99 by 0.79%.

ZCash Price Chart
ZEC Chart By TradingView

Zcash price is reflecting improvement since the opening hour. The growth in the price might speed up and recover from yesterday’s price crash. The current price of ZEC coin is at $36.81. The currency might jump to the immediate resistance level at $37.61 in the coming hours.

Resistance LevelPriceSupport LevelPrice
R1$37.61S1$36.19
R2$38.48S2$35.64
R3$39.03S3$34.77

The market is rumored to recover in the coming days. The traders interested in the coin are recommended to opt for long-term investment; the same would bring the desired result to the traders.

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Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.
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