đą ZEC Update
ZEC â $830â$850 right now. It has made a huge move, rising from about $568 on Aug 20 to above $850, with a recent high around $885.
đ Trend: Strong bullish
đ„ Resistance: $885â$900
đŻ Break $900 â $950â$1,000 possible
đą Support: $800â$820
đ» Below $800 â possible pullback toward $730â$750
â ïž After such a sharp rally, chasing is risky.
A major catalyst is the progress toward a proposed Grayscale Zcash ETF; ZEC recently reached an 8-year high.
**Bias: đą Bullish above $800 â but expect high volatility.**$ZEC
ZEC â $830â$850 right now. It has made a huge move, rising from about $568 on Aug 20 to above $850, with a recent high around $885.
đ Trend: Strong bullish
đ„ Resistance: $885â$900
đŻ Break $900 â $950â$1,000 possible
đą Support: $800â$820
đ» Below $800 â possible pullback toward $730â$750
â ïž After such a sharp rally, chasing is risky.
A major catalyst is the progress toward a proposed Grayscale Zcash ETF; ZEC recently reached an 8-year high.
**Bias: đą Bullish above $800 â but expect high volatility.**$ZEC