ZCash (ZEC) Price

  • ZCash(ZEC)
    $52.310
    +1.0600(+2.0682%)
    09:08:52(GMT)|Real-Time Data, Currency in USD
    • Open
      $51.250
      Day's Range
      $49.030- $52.870
    • Market Cap
      $285.36 M
      Volume
      $916.43 K
    • Current Supply
      5.46 MZEC
      Max Supply
      21.00 MZEC

ZCashOverview

  • Proof TypePoW
  • AlgorithmEquihash
  • Market Cap$285.36 M
  • Volume$916.43 K
  • Current Supply5.46 MZEC
  • Max Supply21.00 MZEC
  • Open$51.250
  • Day's Range$49.030- $52.870

ZCashPrice

ZCASH is the virtual cryptocurrency linked to the ZCASH blockchain, which resulted from a fork of the Bitcoin protocol. ZCash building on Bitcoin’s existing capabilities, with the focus of being privacy.

Similar to Bitcoin, ZCASH is considered to be a true cryptocurrency that is used to facilitate payments, where ZCASH payments are published on a public blockchain, as is the case with Bitcoin. On the ZCASH blockchain, ZCASH users are able to use an additional feature that allows users to conceal sender, recipient and amount being sent across the network.

The privacy functionality on the blockchain is an optional one.

There are a finite number of ZCASH coins, the total number being 21 million, a concept that does not exist in the world of fiat currencies, where governments and central banks are able to print more fiat money to sustain false economies that motivated the creation of Bitcoin and ultimately ZCASH.

ZCASH was founded by Zooko Wilcox-O’Hearn and launched in October 2016

The creation of each individual ZCASH coin comes from mining, which stems from a reward mechanism for miners verifying transactions on the ZCASH blockchain.

Due to the option to remain private, zero-knowledge proof-of-construction called zk-SNARK is used in the verification process. The construction enables the network to maintain a secure ledger of balance, without disclosing parties and amounts involved in each transaction. The zk-SNARK protocol proves that there was no fraud or theft.

Some distinct differences and characteristics of ZCASH include:

  • There are no physical ZCASH coins, only virtual.
  • Unlike fiat currencies, where governments and central banks are able to print more money, there are a finite number of ZCASH coins.
  • The very nature of the ZCASH decentralized blockchain means that the payment system runs 24-hours a day, with no downtime and has no restrictions on where and to whom ZCASH coins can be sent.
  • The average block time is 2.5 minutes.
  • While the block time is quicker thank Bitcoin, ZCASH has the same issuance rate as Bitcoin, with the ZCASH blockchain having 4x Bitcoin’s reward that has a half-life of 4-years.

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ZCashTechnical Analysis

Summary

BUY
  • Moving Averages
    BUY(14)
  • Indicators
    NEUTRAL(4)

Moving Averages

SIMPLEEXP.WEIGHTED
MA (5)51.07751.35251.408
MA (10)50.74250.87151.034
MA (20)50.10650.50650.468
MA (50)50.42950.87250.231
MA (100)52.52552.29851.306
MA (200)55.20255.20253.391
BUY4140

Trend Indicators

MACD (12,26,9)0.2814
ADX (14)22.8375
RSI (14)65.3395
Williams %R (14)-6.2972
Stochastic RSI (14)72.7694
ROC (10)4.7056
CCI (14)175.3715
Ultimate oscillator (7,14,28)59.0656
Stochastic Fast (14)93.7028
ATR (14)0.7789
BBands (20)3.5018
NEUTRAL524

Pivot Points

names3s2s1pivotr1r2r3
classic51.37351.55651.92352.10652.47352.65653.023
fibonacci51.55651.76651.89652.10652.31652.44652.656
camarilla51.60251.64851.69452.10652.88552.93152.931
woodieN/A38.53025.86939.08026.41939.629N/A
demarkN/AN/A52.01452.15252.564N/AN/A
names3s2s1pivotr1r2r3
classic
fibonacci
camarilla
woodie
demark

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