March 8, 2025 ZEC – Zcash Daily Analysis ZEC – Zcash Daily Analysis
ZEC – Zcash Daily Analysis
Outlook
ZEC current price is 32.60 USDT and the current market cap is 1.774.406 USDT. This chart period started 210 days ago (11 August 2024) with a total of 98 days closing above the opening price and 111 days closing below the opening price. The lowest price was 24.40 USDT on 03 October 2024, and the highest price was 79.33 USDT on 03 December 2024. The current price is 33.61% above the lowest price and 58.91% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 34.2422-Day Moving Average: 35.4550-Day Moving Average: 37.70100-Day Moving Average: 48.49250-Day Moving Average: 40.08500-Day Moving Average: 33.13
Moving Average Analysis
The current price is %4.78 lower than the 5-Day moving average and has been below it for 3 days.The current price is %8.05 lower than the 22-Day moving average and has been below it for 3 days.The current price is %13.52 lower than the 50-Day moving average and has been below it for 6 days.The current price is %32.78 lower than the 100-Day moving average and has been below it for 44 days.The current price is %18.67 lower than the 250-Day moving average and has been below it for 6 days.The current price is %1.59 lower than the 500-Day moving average and has been below it for 2 days.
Trends
The longest uptrend in the 210 day period is 6 days. It started at 33.03 USDT on 24 February 2025 and ended by increasing by 24.95% to 41.27 USDT on 02 March 2025.The longest downtrend is 8 days. It started at 43.03 USDT on 24 August 2024 and ended by decreasing -31.68% to 29.40 USDT on 01 September 2024.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 36.30 USDT on 03-03-2025 Support: 33.09 USDT on 04-03-2025 Support: 33.83 USDT on 06-03-2025 Support: 32.80 USDT on 07-03-2025 Support: 32.39 USDT on 08-03-2025Last 7 days resistance levels: Resistance: 37.47 USDT on 05-03-2025The lowest support level is 32.39 USDT on 08-03-2025, and the highest resistance level is 37.47 USDT on 05-03-2025. The percentage difference between these levels is approximately 15.7%.
Volume
The previous trading day’s volume (07-03-2025) 58,257.72 USDT. Highest volume in the last 210 days is 756,111.26 USDT on 02-12-2024. Lowest volume in the last 210 days is 5,924.39 USDT on 08-03-2025. Difference between highest and lowest volume is 12662.69%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 69,465.23 USDT22-day Moving Average Volume: 91,355.80 USDT50-day Moving Average Volume: 96,820.65 USDT100-day Moving Average Volume: 146,847.35 USDT250-day Moving Average Volume: 149,585.16 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 58,257.72 USDT
Previous day’s volume is 16.13% lower than the 5-day moving average.Previous day’s volume is 36.23% lower than the 22-day moving average.Previous day’s volume is 39.83% lower than the 50-day moving average.Previous day’s volume is 60.33% lower than the 100-day moving average.Previous day’s volume is 61.05% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -23.96% lower than the 22-day moving average.22-day moving average is -5.64% lower than the 50-day moving average.50-day moving average is -34.07% lower than the 100-day moving average.100-day moving average is -1.83% lower than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 19-11-2024 with a volume of 109,604.98 USDT and ended on 24-11-2024 with a volume of 239,097.40 USDT, lasting for 5 days and representing a 118.14% increase.The longest consecutive volume decrease started on 12-08-2024 with a volume of 296,406.23 USDT and ended on 17-08-2024 with a volume of 74,281.47 USDT, lasting for 5 days and representing a 74.94% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 42.78 USDT to 52.60 USDT, which represents a 22.95% change.During the longest volume decreasing period price increase from 43.44 USDT to 43.63 USDT, which represents a 0.44% change.
Strategy
Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
