Zcash ZEC/USD is trading at the level of 169.80. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Zcash. The price of ZEC/USD is expected to rise to 215.00, from which it is expected to try to fall and develop a bearish trend in the cryptocurrency to reduce near the level of 95.00.
Zcash ZEC/USD prediction & analysis on July 12, 2017
Earlier, a strong signal was received for sales of the Zcash cryptocurrency, due to the crossing of the signal lines at the level of 276.00. Cancellation of the variant of the drop in the quotations of Zcash will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 260.00, which will indicate a change in the bearish trend in favor of the bullish trend. To expect the acceleration of falling quotes on ZEC/USD is with the breakdown of the local minimum area at 120.00.
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