Zcash has seen a significant price surge in its recent uptrend, reaching as high as $1,250 from $800. However, technical indicators are now suggesting that this rally may be at risk of correction.
The Relative Strength Index (RSI) has failed to confirm the new peak and shows signs of weakening momentum. Analysts are keeping an eye on the 1,040-1,080 dollar range as the first critical support area.
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