🚨 $ZEC UPDATE: BIG MOVE AHEAD?
Zcash ($ZEC ) is facing a major test after its September rally.
📉 ZEC recently pulled back sharply from around $1,697, while Grayscale’s Zcash ETF recorded about $93.6M in weekly outflows.
But there’s a major catalyst ahead 👀
⚡ NU7 testnet activation is expected around October 6, with the upgrade aiming to reduce Zcash block time from 75 seconds to just 25 seconds.
That could make Zcash transactions significantly faster and strengthen its privacy-focused narrative.
📊 Key levels traders are watching: • Support: ~$1,280–$1,330 • Resistance: ~$1,450+ • Major psychological zone: $1,500
🔥 If buyers reclaim resistance, ZEC could attempt another recovery. ⚠️ If support breaks, more downside pressure could follow.
Are you bullish or bearish on $ZEC this week?
#zec #Zcash #crypto #Altcoins #BinanceSquare
Zcash ($ZEC ) is facing a major test after its September rally.
📉 ZEC recently pulled back sharply from around $1,697, while Grayscale’s Zcash ETF recorded about $93.6M in weekly outflows.
But there’s a major catalyst ahead 👀
⚡ NU7 testnet activation is expected around October 6, with the upgrade aiming to reduce Zcash block time from 75 seconds to just 25 seconds.
That could make Zcash transactions significantly faster and strengthen its privacy-focused narrative.
📊 Key levels traders are watching: • Support: ~$1,280–$1,330 • Resistance: ~$1,450+ • Major psychological zone: $1,500
🔥 If buyers reclaim resistance, ZEC could attempt another recovery. ⚠️ If support breaks, more downside pressure could follow.
Are you bullish or bearish on $ZEC this week?
#zec #Zcash #crypto #Altcoins #BinanceSquare