Zclassic Surging in Recent Trading

Over the past 24 hours, Zclassic has spiked nearly 31%. The digital coin had not been doing too much over the last few months, but it has jumped 340% in the last seven days. Zclassic has a current market cap of $104,638,805 with a circulating supply of 3,824,350. Traders will be watching to see if the coin can keep building momentum to the upside.

Scanning the cryptocurrency market, we have seen Zclassic (ZCL) recently touch $27.11 on volume of 12998841 so far today. Looking at some key RSI values, we see that the one-week is currently 98, the two-week relative strength is 99 and the four-week relative strength of the cryptocurrency is 98. Taking a further look at some other time periods, we note that the thirteen-week RSI is 4, the twenty-six week relative strength is 95, and the fifty-two week RSI is 93. All RSI values fall on a scale from 0 to 100.

The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the crypto may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the crypto may be oversold. Traders may use these levels to help identify stock price reversals.

Zclassic Profile

Zclassic (Symbol: ZCL) is a fork of Zcash which takes a different path by removing the 20% fee. Miners simply earn a fair wage that they deserve, and the community can support the coin development. Also, ZCL make a different from ZEC by the slow start to remove sources, the team does not want to present scarcity but to be decided by the market price. ZLC use the same parameters supplying in the current well-known secure “trusted setup meetings”. If only one of the participants kept their keys secret and destroyed it, the whole system is safe.

Zclassic News

publisher-icon Apr-25-18 07:25AM ZCLassic (ZCL) Spikes Dangerously on Vague Rumors – Cryptovest
publisher-icon Mar-13-18 09:30AM Bitcoin Private (BTCP) and ZClassic (ZCL) Among the Biggest …
publisher-icon Mar-07-18 04:22AM ZClassic (ZCL) Almost Doubles Price, Remains Highly Dangerous …
publisher-icon Mar-01-18 07:00AM Zclassic Archives – CoinDesk
publisher-icon Mar-01-18 03:27AM ZClassic (ZCL): When Greed Brings Scary Losses – Cryptovest
publisher-icon Feb-28-18 09:19AM ZClassic (ZCL) Goes Through Last-Minute Pump with Bittrex …