ZEC’s upgrade is live. First, let me give you the full story on that trade from last time: it was a loss.
The day before yesterday, I said to get in at 1311, but to stay away if it dropped back to 1285. That very night, it plunged to 1268. Once 1285 broke, we should have gotten out as agreed—and afterward, it even dipped as low as 1225.
But once the upgrade went live, the price turned around and rallied. NU7 went live on mainnet yesterday, cutting block times from 75 seconds to 25 seconds, and the 12,200 coins in the Sprout pool are now officially locked. Once the news was confirmed, the price surged to 1368 last night—higher than its pre-upgrade peak—and is now back at 1323u.
They say you buy the rumor and sell the news with event-driven coins, but this time it was the other way around: the price fell before the upgrade went live and rose afterward. That suggests the people selling earlier were worried something might go wrong. Now that the upgrade has gone smoothly, that concern is gone.
Senior Brother’s view is the same as the day before yesterday: still bullish, no change. If 1311 holds on this afternoon’s pullback, you could consider getting in, with 1368 from last night as the first target. Stay away if it falls back below 1278. #ZEC $ZEC
The day before yesterday, I said to get in at 1311, but to stay away if it dropped back to 1285. That very night, it plunged to 1268. Once 1285 broke, we should have gotten out as agreed—and afterward, it even dipped as low as 1225.
But once the upgrade went live, the price turned around and rallied. NU7 went live on mainnet yesterday, cutting block times from 75 seconds to 25 seconds, and the 12,200 coins in the Sprout pool are now officially locked. Once the news was confirmed, the price surged to 1368 last night—higher than its pre-upgrade peak—and is now back at 1323u.
They say you buy the rumor and sell the news with event-driven coins, but this time it was the other way around: the price fell before the upgrade went live and rose afterward. That suggests the people selling earlier were worried something might go wrong. Now that the upgrade has gone smoothly, that concern is gone.
Senior Brother’s view is the same as the day before yesterday: still bullish, no change. If 1311 holds on this afternoon’s pullback, you could consider getting in, with 1368 from last night as the first target. Stay away if it falls back below 1278. #ZEC $ZEC
