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via BeInCrypto · By BeInCrypto Editorial

Zcash Jumps 6%, But On-Chain Data Flashes a Warning

ZEC

ZEC/USDT

$1,527.03
-3.35%
24h Volume

$2,576,097,166.33

24h H/L

$1,625.00 / $1,515.00

Change: $110.00 (7.26%)

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data
ZEC
ZEC
Daily

$1,524.88

▼ -1.98%

Volume (24h): -

Resistance Levels
Resistance 3$1,727.56
Resistance 2$1,625.00
Resistance 1$1,530.28
Price$1,524.88
Support 1$1,430.97
Support 2$1,178.72
Support 3$1,041.70
Pivot (PP):$1,565.23
Trend:Uptrend
RSI (14):63.6
BE
BeInCrypto Editorial
(10:27 AM UTC)
1 min read
MR
Approved byMichael Roberts

Zcash (ZEC) is trading near $432, up about 6% today but down roughly 30% over the past month following the Orchard pool bug. The headline news settled by June 6, but on-chain data shows the damage is still moving through the network.

A critical flaw in Zcash’s Orchard shielded pool, disclosed June 5 but proactively patched days earlier, drove the crash. With price stabilizing, the deeper story now…

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Source

BeInCrypto Editorial · BeInCrypto

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