Zcash is trading at 61.32 and continues to move in the ascending channel. ZEC/USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend on Zcash. As part of the cryptocurrency exchange rate forecast for April 10, 2019. The test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 59.95. Where should we expect a rebound and an attempt to continue the growth of cryptocurrency with a potential target above the level of 74.50.

Zcash Forecast and Analysis ZEC/USD April 10, 2019

An additional signal in favor of raising the cryptocurrency ZEC/USD will be a rebound from the support area. The second signal will be the test of the lower boundary of the «Triangle» model. Earlier, a weak signal was received for the SELL the Zcash cryptocurrency. The signal was formed due to the intersection of the signal lines at the level of 63.15. The nearest resistance area is at 68.95. The support area for ZEC/USD is at 58.65.

Zcash Forecast and Analysis ZEC/USD April 10, 2019

Cancellation of the growth option of Zcash quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the level of 55.75. This will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall in the rate of digital currency. ZEC/USD is expected to accelerate the growth of quotations with the breakdown of the upper limit of the «Triangle» model and closing above the level of 67.55.

Zcash Forecast and Analysis ZEC/USD April 10, 2019 involves an attempt to develop a cryptocurrency correction and a test of the level of 59.95. Where can we expect to continue the growth rate of Zcash with a potential target near the level of 74.50. Cancellation of the lifting option will be the fall and the breakdown of the area of ​​55.75. This will indicate a continued decline in ZEC/USD quotes with a potential target of 50.65.