Zcash is currently dealing with the downward movement in the market. The price movement is quite unimpressive as the ZEC has been booking a fall for almost the entire week. In the past 7-days, Zcash price was seen touching a high at 53.64 USD and a low at 43.87 USD. The traders had high hopes from the coin. Yesterday, the volume marked was at 187,317,323 USD.
Zcash Shows Recovery After Intraday Dip
Yesterday, Zcash started the day at $46.25 and then started falling since morning. During the second half of the day, the ZEC price jumped from $45.20 to $46.12 by 2.03%. The upsurge was followed by a heavy fall of 5.52%. The same took the currency to $43.58. The intraday loss was registered as 4.91%. Zcash closed the day at $44 and today, it opened with a slight upsurge. Zcash price jumped from $44 to $44.77 by 1.75%.
The crypto market is speculated to deal with an uptrend in some time. The third quarter has created a lot of chaos in the market. The same is expected to improve in the next quarter. The year would have a flourishing end.
Zcash is also has a similar possibility. The coin could cross its 30-Day high $53 by the end of 2019. In the future, traders can opt for short-term investment to earn a profit. According to ZEC Predictions by experts, It is expected that the price of Zcash will rise and in next 5 years the price of Zcash might will reach its all time high. Traders/ Investors planning to invest in Zcash can buy and save to for future, short term investment might not be profitable.
ZEC coin is currently dealing at a market cap of $332,010,378. The ROI is at -98.97%. The 24-hour volume is at $218,118,397. There are 7,482,619 ZEC coins circulating in the market.
