ZEC has also started to move!

Now it needs to break through 392.32 USD on the CB chart for the trend to truly reverse.

Generally speaking, we want to see it "solidly" stand above that level and stabilize, not just rely on a shadow wick to count as a breakthrough. Overall, this wave of increase is basically what we expected, breaking upward from the ascending triangle pattern.

If it successfully breaks through and stabilizes above, the next target will likely be around 460 USD, which is the 1.618 extension level. Coincidentally, this point is just near the midpoint of the descending parallel channel before the Zcash drop.