Over the past few days we have witnessed an increase in the market valuation of ZEC/USD. On November 29, was the day that the crypto witnessed a notable high mark of around $96 before dropping back to around $49 low mark on December 14.
It seems that ZEC market has not been making a very strong valuable move against the US dollar price worth, and that could, later on, result in losing out strength to bears in the market. The chart also signifies that there may soon be a line of consolidation movements in the market soon. A foundation appears to have been built around $49 mark, and any attempt by bears to break it southwards may cause bulls once again to suffer more.
It seems that ZEC market has not been making a very strong valuable move against the US dollar price worth, and that could, later on, result in losing out strength to bears in the market. The chart also signifies that there may soon be a line of consolidation movements in the market soon. A foundation appears to have been built around $49 mark, and any attempt by bears to break it southwards may cause bulls once again to suffer more.