Zcash ZEC/USD is trading at the level of 210.21. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Zcash. The test of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 193.00, 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 25, 2017
Earlier, a weak signal was received for buying of Zcash cryptocurrency, due to the crossing 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 168.00, 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 254.00.
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