$ZEC is the one moving today because the NU7 upgrade is expected to cut block times from 75 seconds to 25 seconds, and traders are front-running the event. In the last 24 hours ZEC bounced from around $1,160 and pushed up to $1,318, tagging a high near $1,350.
I'm neutral into the activation. The move smells like short covering and the upgrade isn't live yet, so chasing here feels late to me. Support I'm watching is $1,250, and resistance is $1,350. If $1,250 holds, I'll watch for another push at $1,350, with NU7 activation around Nov 5-6 as the clock. If price loses $1,200, my read is wrong and I'd stand aside. Are you trading the upgrade or waiting for the news to pass? #ZEC #Zcash #Crypto
The pump is easy to see. The reason and the next move are not. Follow for both.
I'm neutral into the activation. The move smells like short covering and the upgrade isn't live yet, so chasing here feels late to me. Support I'm watching is $1,250, and resistance is $1,350. If $1,250 holds, I'll watch for another push at $1,350, with NU7 activation around Nov 5-6 as the clock. If price loses $1,200, my read is wrong and I'd stand aside. Are you trading the upgrade or waiting for the news to pass? #ZEC #Zcash #Crypto
The pump is easy to see. The reason and the next move are not. Follow for both.
