Based on the market movement over the last few days, it's clear that ZEC (Zcash) has made an impressive comeback from its support level of approximately 170.10.
Current Status: The price is currently trading around 289.38.
RSI Check: The 6-period RSI is currently at 56.97, indicating that the market is still in bullish momentum but has not yet reached the "Overbought" zone.
Next Target: If this uptrend continues, we could see the 300+ level very soon. However, some sell pressure is currently visible at the resistance level.
What do you think? Will ZEC be able to maintain this bullish run? Let me know in the comments below! 👇