⚡ ZEC vs BTC: Is the Market Overlooking Zcash?
Something interesting is developing on the charts.
While Bitcoin appears to be facing downward pressure in the chart I'm tracking, Zcash ($ZEC) is showing a different structure, with a rising support trendline.
Why am I watching ZEC?
1. Its relative price structure deserves attention.
2. Zcash continues to develop its privacy-focused payment technology.
3. The upcoming NU7 upgrade is an important catalyst to monitor, with a targeted November 5 mainnet launch.
My strategy: I want to see confirmation of a resistance breakout before considering a bullish entry. A breakdown below rising support would weaken this setup.
This is a watchlist opportunity, not a guaranteed rally.
What do you think?
Can ZEC outperform BTC in the coming weeks?
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