Home / ZCash Price Predictions / Zcash prediction | analysis ZECUSD October 23, 2017
Zcash prediction | analysis ZECUSD October 23, 2017

Zcash prediction | analysis ZECUSD October 23, 2017



Zcash prediction   Zcash ZEC/USD is trading at 211. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo signal line area test near level 215 is expected, from which we should expect a rebound and an attempt to further fall below the level of 185. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test.

Zcash prediction | analysis ZECUSD October 23, 2017

Earlier, a strong signal was received for sell of Zcash cryptocurrency due to the crossing of signal lines at the level of 234.

 

Zcash prediction

 

Cancellation of the variant of the drop in Zcash quotations will be a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes above area 235, which will indicate a bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ZEC/USD stands with a breakdown of 200 level.

Historical data for Zcash

Currency in USD

  Sep 22, 2017 – Oct 22, 2017

DateOpenHighLowCloseVolumeMarket Cap
Oct 21, 2017222.05223.39208.83212.4637,115,000542,326,000
Oct 20, 2017230.20234.22222.52222.5229,093,800560,579,000
Oct 19, 2017229.39237.61224.75230.0730,300,100556,979,000
Oct 18, 2017231.15239.31217.17229.3029,137,800559,570,000
Oct 17, 2017233.11250.28227.69231.2860,696,400562,642,000
Oct 16, 2017231.96235.96230.45233.0122,198,300558,212,000
Oct 15, 2017240.66240.66228.25232.6325,648,400577,433,000
Oct 14, 2017240.05242.13238.07240.8921,199,600574,275,000
Oct 13, 2017227.05251.00222.60240.0562,551,500541,560,000
Oct 12, 2017236.44236.99227.00227.0039,391,300562,261,000
Oct 11, 2017235.32240.14231.64236.1320,522,300557,915,000
Oct 10, 2017229.71242.36226.36235.6627,876,900542,934,000
Oct 09, 2017241.46242.47226.57229.4933,586,100569,009,000
Oct 08, 2017253.52256.20240.55241.0630,469,500595,599,000
Oct 07, 2017257.25257.56246.53253.9830,163,700602,523,000
Oct 06, 2017254.85272.76253.32257.6149,397,500595,099,000
Oct 05, 2017237.64265.84227.90254.8248,244,700553,211,000
Oct 04, 2017253.00253.14237.34237.9122,195,500587,108,000
Oct 03, 2017258.16260.00238.33252.9436,278,200597,264,000
Oct 02, 2017264.51273.77254.74257.6052,062,000610,037,000
Oct 01, 2017277.35279.68263.94263.9433,546,100637,677,000
Sep 30, 2017289.96292.60275.43277.5337,283,500664,608,000
Sep 29, 2017311.49311.49272.38290.1271,232,100711,727,000
Sep 28, 2017285.65413.06281.97310.60296,921,000650,661,000
Sep 27, 2017231.26296.87229.84285.36130,957,000525,065,000
Sep 26, 2017230.70234.59228.74231.4720,525,600522,161,000
Sep 25, 2017205.65233.60205.41230.7732,460,800463,963,000
Sep 24, 2017204.02207.69199.50205.6315,176,600458,828,000
Sep 23, 2017195.50215.64192.29204.2129,531,600438,281,000
Sep 22, 2017175.53203.67174.99195.8443,671,100392,222,000

Zcash prediction

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Market Quotes by TradingView

Cryptocurrency Benefits and Drawbacks

Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.

But, because cryptocurrencies are virtual and do no longer have a valuable repository, a digital cryptocurrency stability may be worn out by a laptop crash if a backup copy of the holdings does no longer exist. When you consider that charges are primarily based on deliver and call for, the price at which a cryptocurrency can be exchanged for another forex can differ widely.


Zcash prediction | analysis ZECUSD October 23, 2017

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