Zcash (ZEC) has stabilized as bulls successfully defended a crucial support level near $443.43, easing recent bearish pressure. The cryptocurrency has moved above its short-term moving average, indicating a potential shift towards cautious optimism among traders.
Resistance remains at $454.99, with further challenges at $645.44 and $699.00. A breakout above $455 could signal an extended rebound, while a decline below the support level might push ZEC towards $312.81.
ZEC Price Holds Steady as Bulls Defend Key Support Level
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