$BTC
Zcash Dollar (ZECUSD) stabilizes in a positive area – Analysis – 14-05-2025 $ZEC
The price of Zcash (ZECUSD) has increased slightly during its recent trading at the momentary levels, amidst its stability above the pivotal support level of $40.30, under the influence of the main upward trend in the short term and trading alongside the trend line, with continued dynamic support provided by its trading above the simple moving average for a period of 50.
In light of this, our expectations indicate an increase in the price of the currency during its upcoming trades, provided that the support level of $40.30 remains stable, aiming once again for the resistance level of $44.57 in preparation to attack it, and if the price succeeds in breaking through that resistance, its next target will be at a price of $49.90.
The expected direction for upcoming trades: Upward
