$ZEC
ZEC is trading around $500–$520 USD, with a market cap of roughly $8 billion and a circulating supply around 16.4 million coins. (CoinMarketCap)
Over the past 24 hours the price has dropped by between ~6–11 % depending on source. (Kraken)
From a technical view: ZEC is testing long-standing support around ~$500, while analysts note a “neutral” signal from MACD and RSI flattening — meaning it could either bounce upward or slip further. (Bitget)
Looking ahead: One bullish scenario suggests a breakout above this support could target ~$1,400 USD in a strong move, but if support fails the downside could be significant. (Bitget)
Summary: ZEC is at a key juncture. The fundamentals (privacy-coin niche) remain interesting, but the current drop signals caution. If you’re considering ZEC in a portfolio, it may be best viewed as a high-risk, potentially high-reward coin rather than a safe bet. Always good to only invest what you’re okay with losing, especially with crypto’s volatility.