Zcash (ZEC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has increased 4.71% to $63.05.
InvestorsObserver is giving Zcash a 40 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 40, placing it in the bottom 40% of cryptos on the market.The Volatility Gauge follows meaning that one day won't make or break its rank. ZEC's moderate volatility reading is paired 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 trading above resistance. With support around $58.59 and resistance around $62.79. This positions Zcash out of range and potentially in a volatile position if the rally burns out.