Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Crypto Technicals: ZCash extends weakness below 200-DMA, slips below $60 mark to hit 13-week low

ZEC/USD chart - Trading View 

Exchange - Kraken

Support: 53.95 (88.6% Fib); Resistance: 69.12 (200-DMA)

Technical Analysis: Bias Bearish

ZEC/USD was trading 3.72% lower on the day at 59.97 at 10:00 GMT, bias is bearish.

'Gravestone Doji' on previous day's candle shows selling pressure at highs, plummets prices.

GMMA indicator and the Parabolic SAR suggest extension of downtrend. Momentum studies are bearish.

The pair has slipped below 78.6% Fib and eyes next major support at 55.24 (May 9th lows) ahead of 88.6% Fib at 53.95.

5-DMA is immediate resistance at 62.76. Retrace above 200-DMA (69.12) negates near-term bearishness.
 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 854295854295m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 854295854295m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 866115866115m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 854295854295m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 866115866115m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 854295854295m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 854295854295m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 854295854295m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.