ZEC: New Wallet Withdraws $7.97M from Binance

ZEC faced immediate selling pressure after a fresh wallet withdrew 11,827 tokens valued at $7.97M straight from Binance.

Price currently sits at $655.28 inside the Bollinger Bands, pressing against upper resistance at $693.88 while RSI(14) prints 70.83. The MACD golden cross at 34.34 keeps the broader structure bullish, yet the overbought momentum signals a probable retracement toward the EMA50 support at $569.26 before any continuation higher. Traders tracking ZEC price prediction now weigh this on-chain outflow against Bitcoin flows for macro direction.