$ZEC The momentum of ZEC on Binance currently shows some bullish signals, with the price trading at $408.62, up by 4.17%.
*Factors Influencing:*
- *Accumulation*: Accumulation of $ZEC by large investors.
- *Technical Indicators*: Indicate bullish momentum, with a breakout of the downtrend line and the formation of a golden cross.
- *Strong Support*: ZEC holding around the $400 level.
*Technical Analysis:*
- *RSI*: Approximately 67, indicating a neutral to bullish sentiment.
- *MACD*: Shows a bullish crossover, reinforcing the upward trend.
*Future Expectations:*
- If the current momentum continues, ZEC price may reach $500.
- If ZEC loses the support level, it may drop to lower levels.
ZECUSDT
Perp
425.31
+6.96%
Remember that the cryptocurrency market is volatile, so you should do your own research and consult a financial advisor before making any investment decisions. ¹ ²