Zcash News

ZEC Price Drops by 5% From Mounting Around $41

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ZECwallet is appreciated by many users in the network. The code running is quite impressive with amazing user experience. This rightly directs towards having added users for ZecWallet

ZCash to USD Price Analysis:

At the time of writing ZEC was trading at $37.779 around 09:07 UTC as on October 3, 2019.

Zcash Price Chart

The price ZCash was initially seen trading below the baseline at $37.023 on September 28. The value escalated by 11.28% on the same day which led the coin to trade at $41.201. The value dropped by 11.69% from then to the lowest at $36.3969 on September 30.

The value escalated again by 9.60% on September 30 at 18:20 UTC, when the coin was seen trading at $39.889. The value from then dropped by 5.27% as of now.

Based on the last 30 days movement, the value of ZEC is trading in the strong bearish zone. This is expected to be the best time to splurge in for the potential investors. Considering the short-term prognosis, it is predicted that the value might devaluate even more.

The calculated resistance and support levels are as follows:

Resistance Levels:

R1: $38.79, R2: $39.31, R3: $39.94

Support Levels:

S1: $37.64, S2: $37.01, S3: $36.49

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