Zcash price holds $1,100 as leverage flush threatens deeper pullback
6 Articles
6 Articles
crypto.news
Cryptocurrency News | Cryptocurrency Prices | Market CapZcash price holds $1,100 as leverage flush threatens deeper pullback
Zcash price remains under pressure after retreating from its multi-year high, with technical and liquidation data pointing to $1,100 as the key level determining its next move. According to data from crypto.news, Zcash (ZEC) price traded near $1,139 on Sep.…
Zcash (ZEC) quoted in USD $1,177.01 after advancing 3.24% in the day and consolidating in levels that it did not see since November 2016. The movement, supported in a volume 27% higher than the average of 30 days, is explained by a reconstruction of positions after a leverage unwind on Friday and by impulse of adoption in decentralized liquidity.The analysis evaluates whether the trend is still actionable or if the price already counts too much.
Zcash price slips from $1,300: could ZEC fall to $850 before targeting $2,500?
Zcash (ZEC) has recovered to roughly $1,140 on Monday after falling nearly 6% over the past seven days.Despite the pullback, market activity remains elevated. ZEC recorded approximately $1.4 billion in trading volume, equivalent to more than 7% of its circulating market capitalization. This suggests traders remain highly engaged even as the token struggles to extend its rally.Macroeconomic concerns halt Zcash rally at $1,300Zcash encountered sig…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
