Zcash Today’s move in ZEC/USD saw prices rally from its long-term support of $106, with the 14-RSI also climbing past its own floor of 49.50.
Looking at the chart, we are now also at resistance in terms of price strength, with the RSI currently tracking at 57, which has been a hard ceiling in the past. So far this week, we have seen these records firmly snapped, with a sizable amount of bearish pressure sending ANC lower.
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