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Zcash (ZEC) Escalates Marginally in the Last 5 Days

byMaxwell Mutuma
October 10, 2019
in Cryptocurrency News

Zcash seems to surprise everyone in the coming few months.  ZEC price is recently seen trading at $37.4445 at 08:47 UTC on October 10, 2019. In the last five days, the price was seen trading at $37.2383 at 03:20 UTC on October 5, 2019. Zcash price then dropped by 5.37% on October 7, 2019, at 01:15 UTC seen trading at $35.2401. The value then escalated by 8.10% to the highest touch point of $38.0935 at 02:25 UTC on October 8. 2019.

ZEC coin price was seen decreasing by 5.06% on October 8, 2019, at 21:00 UTC seen trading at $36.1673. The value then escalated by 3.67% as of now.

Zcash Price Chart

Zcash Price Prediction:

Based on the statistics from the last 30 days, the value of ZEC coin is fluctuating in the bearish zone, leading to ‘buying’ the currency as an ideal trade decision for now. From the above discussion & ZEC Price Prediction, the short-term movement, Zcash value might drop and face next support of $36.97. By the end of the year, ZEC price might cross its crucial resistance of $41. So be ready to see your figures changing pretty soon.

The resistance and support levels are calculated as below:

R1: 39.01, R2: 39.73 and R3: 41.05

S1: 36.97, S2: 35.65 and S3: 34.93

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Maxwell Mutuma

Maxwell Mutuma

Maxwell especially enjoys penning pieces about blockchain and cryptocurrency. He started his venture into blogging in 2020, later focusing on the world of cryptocurrencies. His life's work is to introduce the concept of decentralization to people worldwide.

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