Zcash (ZEC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has fallen 3.44% to $109.87.
InvestorsObserver is giving Zcash a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Zcash!
Moderately Volatile
InvestorsObserver gives Zcash a moderate volatility rank of 28, placing it in the bottom 28% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. ZEC's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Zcash price is in a favorable position going forward. With support at $106.51 and resistance around $112.4. This positions Zcash with room to run before facing selling pressures.