{"id":502693,"date":"2022-09-18T10:20:20","date_gmt":"2022-09-18T10:20:20","guid":{"rendered":"https:\/\/wncen.com\/?p=502693"},"modified":"2022-09-18T14:41:20","modified_gmt":"2022-09-18T14:41:20","slug":"zcash-sheds-14-last-week","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/zcash-sheds-14-last-week\/","title":{"rendered":"Zcash Sheds 14% In Last 7 Days, But Analysis Reveals Buying Opportunity"},"content":{"rendered":"
Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past week.<\/span><\/em><\/p>\n
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Zcash loses 14% last week but opens up an increased buying opportunity<\/span><\/li>\n
Awesome Oscillators looks bullish<\/span><\/li>\n
ZEC\u2019s RSI at 42<\/span><\/li>\n<\/ul>\n
On-chain metrics have shown a glimpse of a buying opportunity with a hint of a downtrend. Now, will the bulls pull it off and haul the price back to $66?<\/span><\/p>\n
Zcash Fibonacci retracement levels have hovered up from $55 to $92.6, showing an 83.4% retracement level, which is close to the key support zone of $58. In June, the $55 to $58 zone emerged to be a bullish lane.<\/span><\/p>\n