$ZEC : Zcash holds near $1,300 as NU7 upgrade fuels bullish momentum
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Zcash (ZEC) trades around $1,300 on Friday, outperforming the broader cryptocurrency market.
• Grayscale’s ZEC-focused ETF (ZCSH) recorded $10.99 million in net outflows on Thursday, bringing weekly withdrawals to $14.77 million.
• ZEC faces immediate resistance at $1,340, with a confirmed breakout potentially opening the door toward $1,698, while $1,216 and $1,112 remain key support levels.
• The privacy-focused cryptocurrency traded around $1,290, supported by anticipation surrounding its Network Upgrade 7 (NU7), scheduled for activation on Friday.
• Grayscale’s ZEC-focused Exchange-Traded Fund (ETF) recorded nearly $11 million in net outflows on Thursday, while total weekly withdrawals reached $14.77 million.
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© Coinjournal
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Zcash (ZEC) trades around $1,300 on Friday, outperforming the broader cryptocurrency market.
• Grayscale’s ZEC-focused ETF (ZCSH) recorded $10.99 million in net outflows on Thursday, bringing weekly withdrawals to $14.77 million.
• ZEC faces immediate resistance at $1,340, with a confirmed breakout potentially opening the door toward $1,698, while $1,216 and $1,112 remain key support levels.
• The privacy-focused cryptocurrency traded around $1,290, supported by anticipation surrounding its Network Upgrade 7 (NU7), scheduled for activation on Friday.
• Grayscale’s ZEC-focused Exchange-Traded Fund (ETF) recorded nearly $11 million in net outflows on Thursday, while total weekly withdrawals reached $14.77 million.
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© Coinjournal
