$ZEC /USDT is currently trading at 45.06, up 16.04% in the last 24 hours.
1. Trend: Price is holding above the EMA(9) and EMA(21), indicating bullish strength.
2. Support and Resistance: The key support level is at 43.67. If price holds above this level, it is likely to head towards resistance at 46.97.
3. RSI: At 64.77, suggesting the market may be nearing overbought levels.
4. MACD: DIF (1.08) and DEA (1.23) with MACD (-0.15) indicating weakening momentum, which could lead to a correction.
Prediction: If price holds above 43.67, ZEC could continue to rally towards 46.97. Be cautious with the possibility of correction when RSI is high.
Trading Suggestions:
- Buy if price rises above 46.00.
- Cut loss if price falls below 43.00 to manage risk.