Zcash (ZEC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has lost 6.73% to $136.9.
InvestorsObserver is giving Zcash a 26 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 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. ZEC's moderate volatility reading pairs 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 set at $125.15 and resistance around $143.24. This positions Zcash with room to run before facing selling pressures.