Zcash (ZEC) is experiencing an unexpected bullish move as a golden cross of exponential moving averages forms, with the price trading around $509. The key support zone lies between $494 and $496, while immediate resistance stands at $520 to $525. The RSI at 54.5 shows room for further upside before reaching overbought territory. The article notes, however, that trading volume remains low compared to May and June sessions, which weakens the breakout confirmation.
Source: Read the original article
