Zcash Falls 2.52% to $1,289.73, Below Ardi's $1,370 Trade Trigger

Zcash (ZEC) fell 2.52% over 24 hours to $1,289.73 as of 7:26 a.m. ET (12:26 UTC) Nov. 7, placing it $80.27 below a trade trigger previously identified by analyst Ardi.

Ardi said a move above $1,370 would prompt him to close his ZEC short and turn long. His earlier Zcash trade outlook described an ascending triangle developing from lows near $1,050 and said a break could bring recent highs between $1,500 and $1,700 into view.