Quotes of the digital currency Zcash continue to move in the growth and the rising channel. At the time of the publication of the forecast, the cost of Zcash to the US Dollar is 52.69. At the moment, we should expect an attempt to fall and a test of the support level near the 51.85 area. Then a rebound and continued growth of digital currency in the region above the level of 56.50.
Zcash price prediction March 16, 2019
A test of the support line on the relative strength index (RSI) will be in favor of the ZEC/USD quotes increase. The second signal will be a rebound from the lower boundary of the rising channel. Cancellation option growth rate Zcash on March 16, 2019 will fall and the breakdown level of 50.00. This will indicate a breakdown of the lower boundary of the ascending channel and the continuation of the fall of the ZEC/USD digital asset quotes to the area below the level of 48.00. The growth will be confirmed by the breakdown of the resistance area and the close above the level of 54.50.
Zcash price prediction March 16, 2019 involves an attempt to test the support level near the area of 51.85. Where should we expect a rebound and continued growth rate Zcash with a goal above the level of 56.50. 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.