Zcash (ZEC) is currently trading at $240.14, showing a 24-hour price increase of 2.75%. The daily range indicates high volatility, with a low of $231.14 and a high of $249.40, reflecting a significant 18.26% price swing within the day.

Volume stands at 357,896,032, representing 8.99% of the market cap, suggesting robust trading activity. The hourly moving averages reveal mixed signals; while the 8 SMA indicates a slight upward trend, the 13, 21, and 144 SMAs suggest potential resistance levels above the current price.

The 1-hour RSI at 43 signals a neutral stance, indicating no immediate overbought or oversold conditions. In contrast, the 7-day RSI at 46 indicates a slight downward momentum, as ZEC has experienced a price drop of approximately 15.64% over the past week, while a more favorable 14-day change of 7.28% suggests some recovery potential.

Over the past 30 days, ZEC has declined by 31.62%, indicating a prolonged bearish trend. Given that the price is significantly below its all-time high of $3191.93, market sentiment remains cautious, though recent upward movement suggests some buying interest.

In conclusion, the combination of mixed technical indicators, recent volatility, and the bearish 30-day trend suggests a Hold rating for ZEC. Traders should monitor for a decisive breakout above key moving averages for potential bullish signals before considering a Buy position.