$ZEC USDT chart and things are looking pretty interesting right now. Price is sitting at 423.56 after climbing about 2 percent in the last 24 hours, which feels like a decent recovery move off the recent lows.
We had that massive spike up to 644 back in early June, but then it got hit hard and dropped all the way down to 250. Since then we've been grinding back up, consolidating in this 380-430 zone. The Bollinger Bands are showing the middle line around 422, upper band at 437 and lower at 406, so we're basically riding right along the midline after bouncing from the lower band area.
Volume has been picking up on the green candles lately, which is a good sign, though not crazy high compared to the big moves we saw earlier. The 5 and 10 period moving averages are both above price but starting to flatten out, could act as resistance soon if we push higher.
Overall on longer timeframes ZEC is still up massively over the past year, but the last 30 days have been rough with a 20 percent dip. If we can break and hold above 430-440, that might open the door for a test back toward 500 plus. Support looks solid around 405-410 for now.