Zcash is currently dealing with the downward movement in the market. The price movement is quite unimpressive as the ZEC has been booking a fall for almost the entire week. In the past 7-days, Zcash price was seen touching a high at 53.64 USD and a low at 43.87 USD. The traders had high hopes from the coin. Yesterday, the volume marked was at 187,317,323 USD.
Zcash Price Analysis:
Yesterday, Zcash started the day at $46.25 and then started falling since morning. During the second half of the day, the ZEC price jumped from $45.20 to $46.12 by 2.03%. The upsurge was followed by a heavy fall of 5.52%. The same took the currency to $43.58. The intraday loss was registered as 4.91%. Zcash closed the day at $44 and today, it opened with a slight upsurge. Zcash price jumped from $44 to $44.77 by 1.75%.
The crypto market is speculated to deal with an uptrend in some time. The third quarter has created a lot of chaos in the market. The same is expected to improve in the next quarter. The year would have a flourishing end.
Zcash is also has a similar possibility. The coin could cross its 30-Day high $53 by the end of 2019. In the future, traders can opt for short-term investment to earn a profit. According to ZEC Predictions by experts, It is expected that the price of Zcash will rise and in next 5 years the price of Zcash might will reach its all time high. Traders/ Investors planning to invest in Zcash can buy and save to for future, short term investment might not be profitable.
ZEC coin is currently dealing at a market cap of $332,010,378. The ROI is at -98.97%. The 24-hour volume is at $218,118,397. There are 7,482,619 ZEC coins circulating in the market.