Zcash has one shot at $1,350 as ETF inflows return – Or it’s back to $1,040

Zcash [ZEC] is regaining some of the upward momentum it had before falling back into the $1,040 level and holding off multiple waves of selling. After peaking at around $1,700 in late September, the altcoin fell rapidly and has been stuck below $1,350 for almost three weeks. Although this week's bounce off the 19th of October lows near $1,040 brought the price up to $1,260. This indicates that there are once again buyers interested in purchasing. The RSI has also climbed to 64.67, supporting the recovery as momentum strengthens.

Source: AMBCrypto