If you look at the price action on the Zcash chart, price just tested and rejected the resistance at $163, which now sets up the possibility to fall to $56-70 as the next supports. If price can't hold there, then it can fall more. Just from looking at the chart, my interpretation leans towards price finding the $26 support before bouncing.
I think that's likely to play out over the coming weeks. I put pivots on the day for key dates to watch for changes in price action.
Let's see what happens.
I think that's likely to play out over the coming weeks. I put pivots on the day for key dates to watch for changes in price action.
Let's see what happens.