Technical Analysis EOS / USD and ZEC / USD – Having found their support after the fall, they must now look upside!
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Today we’ll see what it looks like on the EOS and ZEC charts. Bitcoin’s downfall withdrew the profits of many other Altcoins. In today’s analysis we will look at the situation of EOS and ZEC.
[EOS / USD] In 2020 to present value: +46.95%
The situation eased slightly after the market slump and we see a slight reflection of support values across the altcoin market. Today we look at EOS, who found his support at $ 3.30. We are currently at the price of $ 3.60 each.
High in 2020 we registered at 5.5 USD. We see the closest resistance at $ 4.48, so the EOS has a nice room for growth. Current growth is slow but steady! Bitcoin could go to higher today, so altcoins will grow. EOS could get around $ 4.02.
[ZEC / USD] In 2020 to present value: + 90.5%
In 2020, Zcash has been enjoying good success so far. At the moment, despite the market slump, it still maintains a 90% increase in value in the current year. We have now bounced off the support at $ 48 and ZEC has another room to grow to $ 60, where we see slight resistance. Obviously, we see strong resistance at this year’s high of $ 75.
At the top of the ZEC recorded a 175% price increase, but the situation has changed and now we are at 90%, which gives investors (in the bullish scenario) a fairly good opportunity to regain these values.
