The Hourly View for ZCash
At the time of this writing, ZEC’s price is down $-0.03 (-0.03%) from the hour prior.
This is the 3rd hour in a row ZCash has seen its price head down.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
ZCash’s hourly price chart is shown below.
The Daily View for ZCash
At the time of this writing, ZEC’s price is down $-5.07 (-4.43%) from the day prior.
This is a reversal of the price action on the previous day, in which price moved up.
Regarding the trend, note that the strongest trend exists on the 50 day timeframe.
Most noteworthy in the world of moving averages on the daily chart is that the 20 day moving average has been crossed, with price now being below it. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Divergence between ZEC’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in ZEC’s price.
Below is a daily price chart of ZCash.
The Latest From ZEC’s Blockchain
Over the past 29 weeks, ZEC’s count of active addresses has been in a clear uptrend, growing by about 155.57 per day.
For ZEC, its daily transaction count is now at 0.
ZEC has a number of daily new addresses of 0, NA NaN% from its value day prior.
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