Zcash ZEC/USD is trading at the level of 292.31. 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 growth of quotations on ZEC/USD near the level of 330.00 is expected, from which one should expect an attempt to drop and develop a bearish trend in the cryptocurrency to reduce near the level of 240.00.
Zcash ZEC/USD prediction & analysis on June 28, 2017
Earlier, a weak signal was received for sales of Zcash cryptocurrency, due to the intersection of signal lines at 388.40. Cancellation of the variant of falling of quotations Zcash will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 360.00, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations on ZEC/USD is with the breakdown of the local minimum area at 255.00.
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