$ZEC has experienced a 2.617% decline in the past 24 hours.
The price fluctuated between a high of 40.77 and a low of 38.49.
Currently, support is identified at 38.49, while resistance sits at 40.77.
The RSI is notably low at 33.61, indicating oversold conditions.
This suggests potential upward momentum if buyers emerge at support levels.
Market sentiment remains undefined, with traders cautious amid recent fluctuations.
If ZEC approaches resistance, a breakout could attract bullish interest.
Stay alert for any major news that could sway market dynamics significantly.
