Zcash: First European ETP Listing Secured
Zcash lands first ETP in Europe at $1511.81 with EMA50 support at $1447.01 and neutral RSI 49.65 amid MACD death cross.
SourceAnalysis
Zcash secures its first ETP listing in Europe, extending its Wall Street momentum across the Atlantic.
Price action shows ZEC trading at $1511.81 inside Bollinger Bands with upper resistance at $1640.5 and lower support at $1419.65. The structure remains bullish as price holds above EMA50 at $1447.01 and EMA200 at $1102.4, yet MACD at 35.43 signals a death cross that could pressure momentum short-term. With RSI at 49.65 neutral, a test of EMA50 support appears likely before any push toward upper band resistance. Traders tracking ZEC price prediction models note the setup favors continuation only after a healthy pullback to the 50-EMA confluence zone.
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