The Zcash price briefly reached an all-time low of $25.50 before bouncing upwards. The price is looking to reclaim the $31 resistance area and continue moving higher.
Zcash's inability to maintain lower prices suggests that the chances for a reversal are high. Additionally, the movement is also supported by positive news, since the Zcash foundation announced yesterday that it has
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.