Zcash still inside this channel on a Stage 4 downtrend, looking for a recovery back towards the upper range on the Daily. One thing to note is the convergence of the 50D and 200D MAs. As they begin to converge more and more, we should expect a shift for these to cross at some point. We'll know soon if that shift is to the upside or downside one last time.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ZEC
Zcash still inside this channel on a Stage 4 downtrend, looking for a recovery back towards the upper range on the Daily. One thing to note is the convergence of the 50D and 200D MAs. As they begin to converge more and more, we should expect a shift for these to cross at some point. We'll know soon if that shift is to the upside or downside one last time.