Quotes of the digital currency Zcash continue to move in the correction and the upward channel. At the time of the publication of the forecast, the cost of Zcash to the US Dollar is 69.90. At the moment, we should expect an attempt to fall and a test of the support level near the 65.25 area. Then a rebound and the continued growth of digital currency in the region above 85.00.
Zcash Price Prediction April 14, 2019
A test of the support line on the relative strength indicator (RSI) will be in favor of raising the ZEC/USD quotes. The second signal will be a rebound from the lower boundary of the rising channel. Cancellation option growth rate Zcash on April 14, 2019 will fall and the breakdown level of 60.05. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall in quotations of the ZEC/USD digital asset to the area below the level of 50.00. The growth will be confirmed by the breakdown of the resistance area and the close above the level of 73.25.
Zcash Price Prediction April 14, 2019 implies an attempt to test the support level near the 65.25 area. Where should we expect a rebound and continued growth rate Zcash with a goal above the level of 85.00. An additional signal in favor of lifting will be the test of the support line on the relative strength index (RSI). Cancellation of the growth option will be the breakdown of the support area and closing of quotes below the level of 50.00.