The past week’s performance was tragic, as the price marked a downtrend.
The price remains where it was, around $41.
The curing phase has begun as buyers are more active.
The market of Zcash was quite down the past week with a sharp drop in the price and no damage control in action. After all the turmoil in the crypto-verse, all are trying to gather the bits and pieces and return to normal situations. With market capital increasing by 6% and reaching $650 million and trading volume rising by 33.03%, amounting to $58.7 million, ZEC might have started the cure journey but need to prepare for what’s about to come next.
The char-t-ale
Source: Tradingview
The price chart shows a bearish flag, marked in white, which indicates it may go further below soon. Although the price might show a glimmer of an uptrend, it may not be there to stay. The volume of sales and purchases is very high, and both are trying to take over the market. The BB bands diverge in a convex manner, indicating possib
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