🛡️ ZEC Spotlight — Nov 14
Zcash (ZEC) $905 🐂 +1.03% in 24h, holding above the $900 area after a brutal week (−31% in 7 days). 24h range: $886–$988.
📊 Levels: Support $880–$900, next $800 zone if it breaks. Resistance $988–$1,000 — reclaiming $1,000 is the key flip.
📰 News:
• Holders vote Nov 16–30 on pulling 50,000 ZEC (~$50M) from the grants treasury into future mining rewards.
• NU7 upgrade live since Nov 6: blocks 75s → 25s, 60% of fees recycled.
• Grayscale ZEC ETF outflows ~$30M in Nov but easing.
🌍 Market context: BTC $67,300 🐻 −1.4% | ETH $1,908 🐻 −1.03% — majors weak while ZEC bounces.
Takeaway: ZEC is oversold near $900 support — the vote + NU7 tailwinds matter, but $1,000 must flip first.
#ZEC #BTC #ETH $BTC $ETH
Zcash (ZEC) $905 🐂 +1.03% in 24h, holding above the $900 area after a brutal week (−31% in 7 days). 24h range: $886–$988.
📊 Levels: Support $880–$900, next $800 zone if it breaks. Resistance $988–$1,000 — reclaiming $1,000 is the key flip.
📰 News:
• Holders vote Nov 16–30 on pulling 50,000 ZEC (~$50M) from the grants treasury into future mining rewards.
• NU7 upgrade live since Nov 6: blocks 75s → 25s, 60% of fees recycled.
• Grayscale ZEC ETF outflows ~$30M in Nov but easing.
🌍 Market context: BTC $67,300 🐻 −1.4% | ETH $1,908 🐻 −1.03% — majors weak while ZEC bounces.
Takeaway: ZEC is oversold near $900 support — the vote + NU7 tailwinds matter, but $1,000 must flip first.
#ZEC #BTC #ETH $BTC $ETH
