Even though this past weekend seemed to have a relatively positive impact on the ZCash price, things have taken a slight turn for the worse. There is no reason to panic just yet, but maintaining the $125 level will be an ongoing struggle, by the look of things. The recent positive developments should take care of that aspect with relative ease.
It is not uncommon for cryptocurrencies to face a small setback after some solid gains. For ZCash, reaching $125 seems to have triggered a lot of market opposition, even though the real resistance sits near the $130 level right now. There is plenty of reason to be excited where ZEC is concerned. Some interesting developments are taking place within this ecosystem right now, all of which might have a positive impact on the price moving forward.