Zcash Price Pulls Back From $1,680 – Is the Rally Losing Steam?

Daily momentum weakens while weekly RSI holds

ZEC reached $1,676 before falling to approximately $1,568 on the Coinbase daily chart at 16:32 UTC on September 23. The open daily candle was down 3.8% at that point.

The weekly picture looked different. ZEC remained 3.6% higher for the week at 16:35 UTC, with more than four days left before the candle closed.

The daily relationship is a ...