Home News Will Zcash (ZEC) Hit $100 to Turn Long-Term Bullish? Will Zcash (ZEC) Hit $100 to Turn Long-Term Bullish? Cryptomassiah Sep 16, 2022 comments off Will Zcash (ZEC) Hit $100 to Turn Long-Term Bullish? ZEC price prediction to know what you should do with your holdings! Bollinger Bands lack volatility, and most technical indicators are neutral; RSI is around 45, so we do not think it is the ideal time to buy Zcash coin for the short term because it will consolidate within a range. After hitting a high of around $350, Zcash has been in a continuous downtrend, but it has taken support at around $53. On the weekly chart, we can find another support of around $60, but most technical indicators are still bearish. Candlesticks are forming in the lower range of the Bollinger Bands, and RSI is below 40, which does not indicate an ideal time for long-term investment. We think you should wait until ZEC crosses the crucial resistance level and then start your long-term investment in this token. Scott Cook Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis. Back to top button Source Related Posts: Zcash Trades Around Its Long-term Support; Is It an End for ZEC? Will Fantom (FTM) Live Up to the Hype in the Long Term? Zcash (ZEC) Registers Another Breakout! Monero Is Preparing for a Bull Run; Should You Buy XMR Now?