đšđ„Zcash Price Forecast: ZEC rallies above $1,600.đ„
#zec is holding above $1,600 after a strong 10% daily jump. Shielded transactions reached a 4-year high of 62,379, showing increased network activity.
đ° Grayscaleâs ZEC fund saw $32.81M in inflows, adding to institutional demand.
đ Technically, ZEC remains bullish:
Resistance: $1,700
Support: $1,595
Stronger support: $1,422â$1,424
RSI: 63, showing strong momentum but not yet overbought.
If ZEC breaks and holds above $1,700, the next major psychological level mentioned in the analysis is $2,000.
#zec
#zec is holding above $1,600 after a strong 10% daily jump. Shielded transactions reached a 4-year high of 62,379, showing increased network activity.
đ° Grayscaleâs ZEC fund saw $32.81M in inflows, adding to institutional demand.
đ Technically, ZEC remains bullish:
Resistance: $1,700
Support: $1,595
Stronger support: $1,422â$1,424
RSI: 63, showing strong momentum but not yet overbought.
If ZEC breaks and holds above $1,700, the next major psychological level mentioned in the analysis is $2,000.
#zec
