Zcash (ZEC) is trading near $488, consolidating between key moving averages while maintaining a bullish recovery since March lows. The price faces resistance near $495 and the psychological $500 level, with a breakout above $500 potentially pushing ZEC toward $520-$540 and then $560-$580. Support lies between $469 and $483, anchored by the 50-day and 100-day moving averages, with the longer-term 200-day average at $422 providing a strong technical base. However, declining trading volume could challenge a sustained breakout above $500. Overall, ZEC remains bullish but range-bound, with a breakdown below support risking a drop to $440 and $422.
Worldcoin surged 8.7% to $0.3398, topping the gainers chart with a market cap of $1.22 billion, driven by recent protocol updates. Other notable gainers include Internet Computer, Mantle, World Liberty Financial, and Arbitrum, each benefiting from on...
Zcash (ZEC) is showing a strong technical setup, trading near $505 with key supports at $497, $481, and $469 holding firm. The medium-term outlook remains positive as long as buyers defend the $469-$481 zone. Momentum indicators like RSI are neutral,...
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
