ZEC dips toward the 50-Day EMA as momentum softens

Key takeaways Zcash (ZEC) is trading above $500 but continues to face selling pressure beneath a descending resistance trendline. The token remains above its 50-day EMA at $489 and 200-day EMA at $407, preserving its longer-term bullish structure. Technical indicators show mixed signals, with the RSI near neutral and the MACD slipping below zero. Zcash […] The post ZEC dips toward the 50-Day EMA as momentum softens appeared first on CoinJournal.