PRIVACY OUTRAN A RED MARKET AND ZEC KEPT 1186
Bitcoin slipped to 80325 and most of the board went red on Sunday but one corner refused to follow
Privacy coins gained 2 percent in 24 hours while Bitcoin lost ground and nearly every big sector faded
The bigger story is not one green day
Glassnode data shows privacy is the only sector sitting above its October peak after gaining 213 percent while DeFi sits 27 percent below that peak and gaming sits 74 percent below it
Zcash did most of the lifting and now holds 62 percent of the whole privacy market cap
$ZEC trades at 1186 after touching 1223 today with a low at 1121
$XMR trades at 598 after touching 616 today and it is up 4 percent on the week
DASH trades at 51 and it is up 6 percent on the week even after a flat day
My trade plan on the leader is simple
Entry zone 1140 to 1170 on any pullback toward today low
Target one 1223 for the today high and target two 1300 if momentum holds into Monday
Stop on a daily close below 1120 because that kills the whole setup
My take as an analyst
This is not a one day fluke
A sector that leads for a full year while everything else sinks is telling you where real money is hiding
ZEC or XMR takes the lead on Monday?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Privacy