$ZEC Zcash Price Analysis: Is $460 the Peak for ZEC Right Now?
Zcash is currently priced at $450.23 with a 0.5% drop in the past 24 hours.
Technical analysis suggests a five-wave decline, with key support at $391.
Zcash may decline further below $300 as predicted by market trends.
Zcash (ZEC) has been facing price fluctuations recently, with the cryptocurrency currently priced at $450.23. Over the past 24 hours, it experienced a 0.5% drop. The price has fluctuated between $450.52 and $468.40, reflecting uncertainty in the market.
Source: Coingecko
Technical Analysis Signals Potential Decline for Zcash
A recent analysis from Morecryptoonl raised concerns about Zcash’s current technical structure. The tweet highlighted that wave (c) may be complete, indicating the start of a potential five-wave decline.
ZEC
435.19
-5.67%
