Last week, the market value of ZEC/USD was in a bearish trend, but the crypto currency failed to advance south after November 25 reached a strong savings area of $ 60. From November 26 to November 27, the crypto business tried to create a noticeable impetus, and the market climbed on November 28 and 29 to break a little north after the 14-day SMA trend line, reaching $ 95. Currently, the market fluctuates with the 14-day SMA trend line between $95 and $75 points about three days before this trading period. The 50-day SMA is well above the 14-day SMA. Stochastic oscillators headed north to find a location in the range of 40.
The fall of the ZCash market can still be witnessed if a sudden correction occurs in the price area for $ 95, after which it will be pierced to the north. In addition to this assumption, a sustained breakthrough of the above-mentioned market mark can lead to touching the past or near the 50-day SMA trend line.
The fall of the ZCash market can still be witnessed if a sudden correction occurs in the price area for $ 95, after which it will be pierced to the north. In addition to this assumption, a sustained breakthrough of the above-mentioned market mark can lead to touching the past or near the 50-day SMA trend line.