$ZEC DOWN 21% FROM SEPTEMBER PEAK
Zcash hit around $1,698 in late September and has since pulled back to the $1,330 area.
Profit-taking after a massive run, plus ETF outflows and residual noise from the Bitget hack, are weighing on the tape.
The move still leaves ZEC up strongly on the month.
This looks more like a healthy cool-off than a full breakdown so far.
I’m watching the $1,300–$1,350 zone for support.
Hold it and the bigger trend stays intact.
Buying the dip or waiting for more confirmation?
$ZEC #zcash #crypto
#zcashfalls21%fromseptemberpeak
Zcash hit around $1,698 in late September and has since pulled back to the $1,330 area.
Profit-taking after a massive run, plus ETF outflows and residual noise from the Bitget hack, are weighing on the tape.
The move still leaves ZEC up strongly on the month.
This looks more like a healthy cool-off than a full breakdown so far.
I’m watching the $1,300–$1,350 zone for support.
Hold it and the bigger trend stays intact.
Buying the dip or waiting for more confirmation?
$ZEC #zcash #crypto
#zcashfalls21%fromseptemberpeak