🚨 $ZEC: FROM $1,100 TO NEAR $1,600 IN 1 WEEK
$ZEC is trading around $1,500 after briefly touching the $1,595 zone on 19/9.
In just a few sessions, ZEC has seen extremely strong swings:
📈 16/9: +20.3%
📈 17/9: +9.8%
📈 18/9: +6.5%
🔴 19/9: -5.8%
Over 7 days, ZEC is still up about 45%, while over 30 days it has gained more than 100%.
Notably, ETF inflows remain one of the biggest catalysts.
Grayscale’s Zcash ETF has pulled in over $233M since launch, and AUM has inched close to $890M. The fund will also execute a 3:1 split at the end of this month.
After this near-vertical run, the biggest question now is:
Can $ZEC hold the $1,400–$1,500 range, or will a sharp sell-off appear to reset leverage?
NFA. DYOR.
$ZEC is trading around $1,500 after briefly touching the $1,595 zone on 19/9.
In just a few sessions, ZEC has seen extremely strong swings:
📈 16/9: +20.3%
📈 17/9: +9.8%
📈 18/9: +6.5%
🔴 19/9: -5.8%
Over 7 days, ZEC is still up about 45%, while over 30 days it has gained more than 100%.
Notably, ETF inflows remain one of the biggest catalysts.
Grayscale’s Zcash ETF has pulled in over $233M since launch, and AUM has inched close to $890M. The fund will also execute a 3:1 split at the end of this month.
After this near-vertical run, the biggest question now is:
Can $ZEC hold the $1,400–$1,500 range, or will a sharp sell-off appear to reset leverage?
NFA. DYOR.
