@paragism
$ZEC rallied 1,057% in 90 days. The 7-day RSI (43.46) cooled from overbought levels, confirming profit-taking. Now, the price has broken below its 20-day EMA ($559) and pivot point ($587.56). This has led to cascading stop-loss order.
Can $ZEC defend $482 support, or will #bitcoin bearing price momentum slide push it toward the 61.8% Fibonacci level ($423)? SEC’s Dec 15 privacy roundtable for regulatory cues must be watched.