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Zcash Faces Potential Correction After Recent Rally

CriptoNoticias ·

Zcash (ZEC) has experienced a significant price correction, trading around $1,466 after reaching highs near $1,700 in September. While the asset remains well above its year-ago price of $60, a bearish divergence on the four-hour RSI suggests a loss of buying momentum. Analysts note that while the current structure retains support from institutional flows and ETF activity, the divergence serves as a cautionary signal for short-term traders.

  • $ZEC
  • #지캐시
  • #가격조정
  • #다이버전스
  • #기술적분석

Summaries are written by AI from the original article. Not investment advice.

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