$ZEC
The bullish momentum is recovering.. Are we testing the levels of 411 soon? ๐๐ก๏ธ
โThe Zcash currency $ZEC is showing strong positive performance today, as the price has increased by 1.32%+ to reach 395.29 USDT.
โTechnical analysis: The price has successfully broken and stabilized above the middle line of the Bollinger Bands (MB: 392.01), giving a bullish signal for continued upward movement towards the upper limit at 411.01.
โRelative Strength Index (RSI): The indicator is moving at 64.37, reflecting strong buying momentum, but it is still below the "overbought" zone (70), indicating room for further increase.
โLiquidity: The trading volume over the last 24 hours is very notable, exceeding 1.13 billion USDT, confirming the significant interest of traders in this currency at the moment.
โYour expectations: Do you think that $ZEC will maintain its momentum and steadily surpass the $400 barrier? Share your analyses with us!