Analyst: ZEC Approaches Key Resistance Zone from Last November, Potential Turning Point Ahead
According to Odaily, crypto analyst Ali posted on the X platform that the privacy-focused crypto project Zcash (ZEC) has seen a cumulative increase of over 40% in the past week, and its current price is approaching a key resistance zone between 700 and 730 USD, which previously triggered a sharp correction in November last year. If ZEC can effectively break through and remain above this range, there could be further upward momentum; on the other hand, if it faces strong selling pressure again, it may repeat the previous pattern of surging and pulling back.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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