Zcash ZEC/USD is trading at the level of 230.53. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in Zcash. The price of ZEC/USD is expected to fall in the area of the signal lines at level 215, from which it is expected to try to grow and further develop the bullish trend with the aim of growth near the 270 level.
Zcash forecast & analysis ZEC/USD on August 10, 2017
An additional signal for the growth of quotations will be the test of the support area. Earlier, a weak signal was obtained for buying of Zcash cryptocurrency due to the crossing of signal lines at level 177. The abolition of the variant of Zcash quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 185, which will indicate a change in the bullish trend in favor of the bearish trend.
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