It seems that ZCash will be accumilating for some time before revealing the next move.
For now, I'd expect it to reach the major resistance at $35.3. Then consolidation will either start or we'll see a break above, stimilating buyers to enter long positions.
On the other hand rejection of this level would lead to either another accumulation phase or could even push price lower, towards $30 area.
For now, I'd expect it to reach the major resistance at $35.3. Then consolidation will either start or we'll see a break above, stimilating buyers to enter long positions.
On the other hand rejection of this level would lead to either another accumulation phase or could even push price lower, towards $30 area.
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