FIRO Price - $19.90FIRO has broken an important support zone of $7.32 and is now trading just above the weak support area of $6.94. This drop was triggered by the drop in BTC price. If FIRO can quickly reclaim the support area of $7.32 and close few daily candles above it, this would act as a perfect retrace. We could start seeing a move towards $8.46, $9.16, $9.72, $10.29, $11.10, $12.13, $15.09 and $19.90. Failure to hold the support at $6.94 could lead to a drop towards $5.94 which would be an excellent place to bid longs for FIRO.
FIRO is currently trading at $7.21 with a market cap of $84,537,634. Its 24 hour trading volume was $7,049,562.
FIROUSD
Why $FIRO is going to surprise $100+++ targetFor all those that have been around crypto for a while 5y+, you´re no stranger to Firo previously called ZCOIN (XZC ticker), Firo was always one of the vanguard coins when it came to privacy going head to head with ZCash and Monero, along the way there were many hiccups, which brought us to today. In January they upgraded their protocol to Lelantus.
What's special about Lelantus
Privacy by default like Monero, Zcash is optional
No Trusted Setup - ZCash has a trusted setup
Strong Cryptographic primitives - ZCash is still considered experimental
Anonimity set 2^16 vs Monero 11
All this makes Firo the best privacy coin in the market
Previous ATH: 142$
Circulating Supply: 11,535,491
Current Price: 6.2$ one of the few coins that have mooned ironically its one of the best
FIRO MCAP vs Zcash & Monero & Horizen
Monero: 3.587B
ZCash: 1.626B
Horizen: 529M
Firo: 71M
Target: 200$
FIRO Flyi see cup and handle pattern with symmetrical triangle breakout
What do you think ? write a comment if your opinion is different 🎫
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*Just an opinion, trade carefully, and do your research 👌
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