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ZEC as the omen of a brewing storm in crypto
Over the past day, the crypto market has lost the 1% it gained the previous day, reverting to $3.4 trillion, the level of local lows that served as resistance in the middle of the year. Bitcoin has managed to stay above $100K, with an apparent increase in buying as it approaches this psychologically important round level. Moreover, BTC continues to hover around the 50-week moving average. A consolidation below this level would be a clear sign of a reversal. Most likely, sellers have not yet fully satisfied their interest, preferring to unload at higher levels. Zcash maintains its double-digit growth rate, adding 24% ... (full story)
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