Zcash is showing early signs of cooling after one of its strongest recent rallies, with ZEC pulling back from the $1,600 level while its broader bullish trend remains intact. ZEC is trading near $1,443 after briefly approaching $1,600. The cryptocurrency climbed to roughly $1,590 on September 19 before increased selling pressure halted the advance and triggered a retreat. Despite the pullback, Zcashs daily chart continues to show a predominantly bullish structure. ZEC remains well above its major moving averages, which are still rising and positioned in a positive alignment. However, the… Read more
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