Zcash ZEC/USD is trading at the level of 210.90. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in Zcash. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 194.00, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 265.00.
Zcash ZEC/USD prediction & analysis on July 24, 2017
Earlier, a weak signal was received for buying of Zcash cryptocurrency, due to the intersection of signal lines at 164.00. Cancellation of the variant of growth of quotations Zcash will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 163.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for ZEC/USD is with the breakdown of the local maximum area at 250.00.
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