Zcash Price Holds Up as BTC Slips – Base or Bear Flag?
Photo: Coindoo
Key Takeaways ZEC bounced off its rising channel near $1,180. 50-day SMA near $1,310 keeps capping rallies. RSI near 50 shows a standoff. Below $1,142, the $971-$994 zone is next. ZEC traded at $1,240 at 15:37 UTC on Friday, up about 1.4% on the day, according to the Binance ZEC/USDT daily chart . Why is Zcash holding up when the market isn’t? Today’s candle opened at $1,223, dipped to $1,180, reached $1,291 and was trading at $1,240, on 109.7K ZEC of volume.
Source: Coindoo
