{"id":1007,"date":"2019-07-20T14:48:49","date_gmt":"2019-07-20T11:48:49","guid":{"rendered":"https:\/\/crypto-mining.club\/uncategorized\/zcash-price-analysis-where-does-zec-btc-make-the-bottom\/"},"modified":"2019-07-23T12:21:25","modified_gmt":"2019-07-23T09:21:25","slug":"zcash-price-analysis-where-does-zec-btc-make-the-bottom","status":"publish","type":"post","link":"https:\/\/crypto-mining.blog\/en\/cryptocurrencies\/zcash-price-analysis-where-does-zec-btc-make-the-bottom\/","title":{"rendered":"Zcash price analysis: where does ZEC \/ BTC make the bottom?"},"content":{"rendered":"\n
\"bitcoin21324124<\/figure>\n\n\n\n

June 27, Zcash price reached a minimum of 0.002 rubles. It began to grow and reached a maximum of about 0.01 in two separate cases, June 28 and July 2, respectively. Since then, it decreases. July 15, he briefly hit a low below 0.007.\nWhere does the ZEC price go? Keep reading below to find out.\nZcash Price: Trends and Major Events for July 19\nZEC \/ BTC is trading at a record low.\nIn RSI & MACD a very significant bullish divergence develops.\nZEC price is trading within a short-term symmetrical triangle.\nThere is support at 0.007.\nZEC Weekly Price Analysis\nA look at the weekly timeframe shows that the ZEC price has fallen to a record low.\nBetween 2017 and the first half of 2018, the ZEC price did not fall below not0.02.<\/p>\n\n\n\n

However, this was done in August 2018.<\/p>\n\n\n\n

Since then, it has declined and has not yet reached the bottom.<\/p>\n\n\n\n

Let’s take a closer look at when and where this can happen.<\/p>\n\n\n\n

ZEC Long Term Price Support\nA look at the daily time frame shows that the ZEC price has recently left the zone of significant support.\nZEC price has created a horizontal support line around .000,0083, starting from May 13.<\/p>\n\n\n\n

ZEC Long Term Price Support The price of significant support. ZEC price has created a horizontal support line around .000,0083, starting from May 13.<\/p>\n\n\n\n

After that, he confirmed this as resistance on June 13 and 17.<\/p>\n\n\n\n

Continuing with the same time period, we see that both the RSI and MACD have generated bullish discrepancies.\nThe differences are extremely significant and are present in both indicators.<\/p>\n\n\n\n

However, the Zcash price does not follow any model – therefore there are no support lines that could initiate an upward movement.<\/p>\n\n\n\n

Therefore, although the price of ZEC has demonstrated a willingness to go up, we do not yet have signs of a clear bottom.<\/p>\n\n\n\n

The lack of a bottom is increasing as the ZEC price has not yet reached a higher minimum.<\/p>\n","protected":false},"excerpt":{"rendered":"

June 27, Zcash price reached a minimum of 0.002 rubles. It began to grow and reached a maximum of about 0.01 in two separate cases, June 28 and July 2, respectively. Since then, it decreases. July 15, he briefly hit… <\/p>\n","protected":false},"author":2,"featured_media":1005,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[92,93],"class_list":["post-1007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-zcash-zec","tag-zcash-zec-en"],"yoast_head":"\nZcash price analysis: where does ZEC \/ BTC make the bottom? | CRYPTO MINING BLOG<\/title>\n<meta name=\"description\" content=\"June 27, Zcash price reached a minimum of 0.002 rubles. 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