As expected, $ZCL continues its consolidation period after experiencing a massive bull run the past ~30 days. The price is still testing a major support at around 1.1m satoshi, and if it breaks through this support, it is safe to say that it can drop down to the next major resistance turned support at around 800k satoshi. As of now, the volume
on Bittrex has steadily decreased, and there seems to be a massive sell wall at the 1.2m satoshi price mark. If this sell wall is broken (once again, pending further news and development on the #BitcoinPrivate fork), we can expect another massive bull run. RSI
is at around 43, which means that it is starting to get into oversold territory.