$ZEC
Zcash (ZEC): Compressed spring!
Now the coin is undergoing a tough test for strength. Institutionals fix profits and put pressure on the price, but the technical foundation screams about an upcoming breakthrough.
🥊 Battlefield: The price is squeezed in a vice of $1300-$1400. Bears are trying to sell critical support for $1296. But if the bulls break through the resistance of $1425, we fly back to the September highs of $1670+.
🚀 Engine of growth: November 5 - day X. The NU7 update will speed up the network by 3 times, and integration with THORChain has already opened Zcash doors to the DeFi world. The project is growing with real liquidity.
🔥 Verdict: Short-term - turbulence and battle for levels against the background of outflows from ETFs. In the medium term - the most powerful bullish potential. As soon as the fund sales run out, ZEC has every chance to break through the ceiling and go to $2000+.
Zcash (ZEC): Compressed spring!
Now the coin is undergoing a tough test for strength. Institutionals fix profits and put pressure on the price, but the technical foundation screams about an upcoming breakthrough.
🥊 Battlefield: The price is squeezed in a vice of $1300-$1400. Bears are trying to sell critical support for $1296. But if the bulls break through the resistance of $1425, we fly back to the September highs of $1670+.
🚀 Engine of growth: November 5 - day X. The NU7 update will speed up the network by 3 times, and integration with THORChain has already opened Zcash doors to the DeFi world. The project is growing with real liquidity.
🔥 Verdict: Short-term - turbulence and battle for levels against the background of outflows from ETFs. In the medium term - the most powerful bullish potential. As soon as the fund sales run out, ZEC has every chance to break through the ceiling and go to $2000+.