Zcash just put together one of the wildest crypto weeks we’ve seen in years.
$ZEC went from around $565 to above $850 in a matter of days, with multiple double digit moves along the way. (Investing.com)
That kind of momentum naturally raises the question:
Is ZEC the next rocket to ride?
The rally is being fueled by renewed attention around privacy coins, heavy trading activity and ETF optimism surrounding Zcash.
But after a move this aggressive, chasing the candle is a different game.
For me, the interesting question now is whether $ZEC can hold the breakout zone and build a new base instead of simply going vertical and giving the move back.
The momentum is undeniable.
Now we find out whether ZEC is starting a bigger trend or just giving the market another legendary crypto move. 👀
#Meme Alpha# #Macro Insights#
$ZEC went from around $565 to above $850 in a matter of days, with multiple double digit moves along the way. (Investing.com)
That kind of momentum naturally raises the question:
Is ZEC the next rocket to ride?
The rally is being fueled by renewed attention around privacy coins, heavy trading activity and ETF optimism surrounding Zcash.
But after a move this aggressive, chasing the candle is a different game.
For me, the interesting question now is whether $ZEC can hold the breakout zone and build a new base instead of simply going vertical and giving the move back.
The momentum is undeniable.
Now we find out whether ZEC is starting a bigger trend or just giving the market another legendary crypto move. 👀
#Meme Alpha# #Macro Insights#
