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.
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