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TradeWithTheTrend3344
Apr 16, 2024 4:27 PM

ZEC/USD: Navigating Bearish Waters Towards Bullish Potential Long

Zcash / United States DollarCoinbase

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Hello Everyone,

ZEC/USD has hit a fresh 1-year low at 18.8, and the bearish trend persists, although there's some stability evident with weekly support and daily performance showing resilience. Gradually, buyers are entering the scene, indicating a gradual shift from bearish to bullish sentiment, albeit this transition may take time. Presently, there remains the possibility of additional downward movements before an upward trajectory ensues.


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