Zcash Price Eyes Breakthrough at $428 Resistance Level

Zcash price is showing signs of recovery as it holds an essential support zone.

At $411.72, ZEC has gained 3.22% in the last 24 hours with a trading volume of $965.04 million and a market capitalization of $6.92 billion.

A technical analysis by More Crypto Online indicates that the current price is in the support area, marking the start of the C-wave recovery pattern in Elliott wave analysis.

The first significant level of resistance for ZEC is $428, breaking out at this price may add to the strength of bulls and bring about a bigger upturn.