Zcash price is at $132.13 with a gain of 4.82% in a day. The price of ZEC can encounter resistance while going upside at $170. The bounceback for Zcash can be seen from $125.ZEC price is below 50 and above 100 Days Moving Average. The 50MA (Red) line is at $137, making it temporary resistance for the price. The price is currently observing a strong bullish move and is assumed to give a positive breakout. If the price crosses above 50 MA, it would see a new high being formed.ZEC/BTC pair is seeing a consolidated move and can see a bullish momentum in the future.
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