$ZEC is the coin I most want to add to right now
$BTC and many other smaller altcoins have both shown clear pullbacks over the past couple of days, but $ZEC has consistently held above $1,500.
Earlier it rose all the way from $1,130–$1,150 up to above $1,600. Now that the market is correcting, it hasn’t given back the prior gains in a big way. Compared with those coins that need to reclaim key levels again, ZEC has been trading repeatedly above $1,500, and it isn’t far from the previous high.
My target for this bullish cycle for ZEC was $8,000–$10,000, and this short-term pullback hasn’t changed that view.
At this stage, if I were to choose one for a fresh reallocation among the assets I like, ZEC would be my first choice. Continue to watch for opportunities to enter in batches around the $1,500 area; as long as this level holds, the next thing to look for is whether it can break back above $1,600 and challenge the previous high.
$BTC and many other smaller altcoins have both shown clear pullbacks over the past couple of days, but $ZEC has consistently held above $1,500.
Earlier it rose all the way from $1,130–$1,150 up to above $1,600. Now that the market is correcting, it hasn’t given back the prior gains in a big way. Compared with those coins that need to reclaim key levels again, ZEC has been trading repeatedly above $1,500, and it isn’t far from the previous high.
My target for this bullish cycle for ZEC was $8,000–$10,000, and this short-term pullback hasn’t changed that view.
At this stage, if I were to choose one for a fresh reallocation among the assets I like, ZEC would be my first choice. Continue to watch for opportunities to enter in batches around the $1,500 area; as long as this level holds, the next thing to look for is whether it can break back above $1,600 and challenge the previous high.