Verge XVG is almost over - Pivot to Zcash ZECXVG has been a pond fisherman's dream - returning more than 300% in only a month
its risk vs reward potential is currently extreme, which means that selling well take over soon and return the chart to normalized activity
My next recommendation for a pond fishing crypto is Zcash ZEC-USD which has similar fundamentals to Verge (Proof of Work, Privacy, capped supply, good exchange availability, has not pumped and dumped recently)
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Zcash
Zcash (ZEC) forming bullish BAT for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of Zcash (ZEC) with US Dollar pair.
Previously we caught more than 18% pump of ZEC as below:
Now on a daily time frame, ZEC is about to complete a bullish BAT move for the price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZEC-USD accumulation cycle theory: Zcash Privacy Cryptoz.cash
Zcash has a new and improved web portal, and many new wallet features and full node solutions have been provided this month.
The chart has been strictly bearish for more than 12 months, but it now appears that an accumulation cycle can begin.
Whenever the bull market eventually returns, look for a 12 month low to high cycle structure, this is estimated to happen from early 2024 into early 2025
Zcash has its halvening in November 2024 which will occur at a point of major retail attention.
Reasonable Crypto Trade on weekly ZEC chart?Reasonable Crypto Trade on weekly ZEC chart?
Risk/Reward Ratio = 15
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ZECUSDTZECUSDT: Channel trading
Price fixes below high volumes
Most likely, for some time the price will be traded in the channel, it is not worth buying in the middle of the channel.
Support about 39-26
If the $26 support is not triggered by the end of the bear market, the price will be looking for a new bottom.
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The Long Term Zcash Market Capitalization AnalysisA better way to pay
In addition to using Zcash to pay friends, family and service providers, you can use Zcash at your favorite stores or online merchants.
Trusted technology, growing adoption
Zcash was launched by one of the most respected technical teams in the world.
Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.
Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.
Multiple, independent organizations are funded to innovate on Zcash.
Zcash is already available on top exchanges, digital wallets and a growing number of applications.
PEPECOIN IS ALMOST DONE FOR NOW - THEN SUMMER BLOW OFF ZCASHMemetics is a study of information and culture. While memetics originated as an analogy with Darwinian evolution, digital communication, media, and sociology scholars have also adopted the term "memetics" to describe an established empirical study and theory described as Internet Memetics. Proponents of memetics, as evolutionary culture, describe it as an approach of cultural information transfer. Those arguing for the Darwinian theoretical account tend to begin from theoretical arguments of existing evolutionary models. Those arguing for Internet Memetics, by contrast, tend to avoid reduction to Darwinian evolutionary accounts. Instead some of these suggest distinct evolutionary approaches. Memetics describes how ideas or cultural information can propagate, but doesn't necessarily imply a meme's concept is factual.
Social excitement will peak soon, as large central exchanges list PEPECOIN
those events will create the ultimate blow off top and necessary volume distribution. then the coin must consolidate for a couple months before taking a second mainstream wave even higher.
:thinking_face: pt2ZCash has reached the lower levels of historic price - this is a perfect example of pure price asymmetry within a market. An under-priced asset with confluence. Multiple methods of TA indicate bullish movement in the future.
I won't go into detail as to the fundamental parameters of cryptocurrency and Bitcoin as I have covered this in multiple ideas already.
Enjoy seeing Risk/Reward this low, it won't be here for long.
Zcash vs Ethereum: Privacy Crypto vs Transparency This is an ecosystem of software, but markets are a fierce competitive battle ground between native assets.
Zcash has structured a rounded bottom vs Ethereum and now awaits an unequivocal reversal move. it may happen with virality, or it may happen responsibly.
The bad situation for ZEC bulls is that Zcash remains an eternal loser.
Catalysts ahead:
Zcash wallets repaired, short supply squeeze
Ethereum ETH2 staking unlock liquidity and narrative
Discord Zcash:
discord.com
Oprah 2024:
free2z.com
Zcash vs Bitcoin begins Total Capitulation Wall ZEC BTC PrivacyThe vulnerabilities, discovered by Halborn in a 2022 audit of Dogecoin, were first disclosed to ECC and contributors to other affected networks on Feb. 14, and more details were relayed in a Feb. 17 call. ECC initiated our security process immediately and began coordinating with ZecSec.com, the independent Zcash-community-funded security team, and with Zcash Foundation, who analyzed the impact on zebrad, its own implementation of a Zcash node. We also reached out to Horizen, Komodo, and other teams with whom we have disclosure agreements.
Within days, we had zcashd patches ready for third-party testing, but the public releases have been delayed to allow other projects time to complete their own remediations and to allow for coordinated comms, given the sensitive nature.
Halborn found that the bugs could allow an attacker to utilize peer-to-peer network messages to fill the memory of a node and crash it. By crashing other people’s mining nodes, an attacker could potentially reduce, by around one half, the amount of hashpower they would need to mount a 51% attack on the Zcash network. A successful 51% attack could potentially be used to execute a double-spend attack, which could result in users who received transactions from the attackers losing their funds. We have no reason to believe that the Zcash network is currently vulnerable to a 51% attack — with or without the “one half discount” on the attack cost — but out of an abundance of caution, we’ve hardened the zcashd nodes so that they cannot be crashed using this bug.
Zcash updated Analysis: Has Early Spring Arrived= Flower Power
Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it.
Like Bitcoin, Zcash transaction data is posted to a public blockchain; but unlike Bitcoin, Zcash gives you the option of confidential transactions and financial privacy through shielded addresses. Zero-knowledge proofs allow transactions to be verified without revealing the sender, receiver or transaction amount.
It seems that Today's violence on the chart and Fear about Silvergate and other centralized banking and brokers in the Crypto sector have potentially delivered an early Wychoff Spring event which could result in the end of the accumulation cycle for this micro bull run.
Crypto is now patently severed from the SPY and NDX indicating that reversion is eventually a good R:R play - however note that it may not trigger for months into the future.
Enter additional ZEC coins under $40.00 understanding that there is significant risk of an additional leg or two lower which may touch the high 20s
Zcash ZEC to $100 in 2023: battle for After-Life Privacy cryptoRecursive Proof Composition without a Trusted
Setup
Sean Bowe1
, Jack Grigg1
, and Daira Hopwood1
1 Electric Coin Company
{sean,jack,daira}@electriccoin.co
electriccoin.co
Abstract. Non-interactive arguments of knowledge are powerful cryptographic tools that can be used to demonstrate the faithful execution
of arbitrary computations with publicly verifiable proofs. Increasingly
efficient protocols have been described in recent years, with verification
time and/or communication complexity that is sublinear in the size of
the computation being described. These efficiencies can be exploited to
realize recursive proof composition: the concept of proofs that attest to
the correctness of other instances of themselves, thereby allowing large
computational effort to be incrementally verified. All previously known
realizations of recursive proof composition have required a trusted setup
and cycles of expensive pairing-friendly elliptic curves. We obtain and
implement Halo, the first practical example of recursive proof composition without a trusted setup, using the discrete log assumption over
normal cycles of elliptic curves. In the process we develop several novel
techniques that may be of independent interest.
Keywords: recursive proofs · incrementally verifiable computation ·
zero knowledge
ZECUSDT 4HZECUSDT 4H
ZEC needs to breach 48.8 to break this accumulating triangle figure, it has now crossed the median of the Keltner channel and the cloudiness of the Ichimoku Cloud and is about to find its resistance at MM200 at 45.6. The RSI has exhausted its buying forces, and the ZEc could pull back to 41.8. The prognosis is good, since this privacy coin, from the top (on May 10, 2021) until today, corrected -88%, i.e. it is super undervalued.
Here are the supports and resistances in the 4H:
Main support levels: 41.8 / 39.7
Main Resistance Levels: 46.7 / 48.8
RSI: Exhaustion of Buying Forces.
MM200: In the region of 45.6
#ZECBTC - Swinging to Top of Channel RangetheCrypster -
As you can see #ZCASH has ben ranging this channel against #bitcoin for a little while now, with clear swings from top resistance to lower support. After a quick retest of the lower edge we're moving on up once again!
The mid-line within this channel has played a pivotal role previously, providing a level of both support and resistance numerous times; but with the fresh rejection, the price breaking above a significant historical low and a good Buy signal from Crypto Tipster v2, we can see this heading on up!
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ZECUSD - Rejection by Trend Line and Resistance LevelAs with many coins out there right now, Zcash also has a long descending trend line proving troublesome to break. Recent events with ZEC have proven this to be true once again.
Price has recently tested this trend line whilst at the same time being rejected by resistance levels at around $48-$50.
We do have a nice support line on the underside which should be used as a target for this short, offering well over 10% in gains on this trade.
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✴️ Zcash Breaks Out Of Downtrend (Over 145% Potential)This is a nice chart because the signals are solid/strong.
We have a descending channel that has been broken.
The last candle closed as an inverted hammer.
This week, ZECUSDT moved below EMA10 just to recover back above this level and is now flashing green.
The RSI is strong above 30 on the weekly timeframe, the current reading sits at 41.
Zcash is one of the most famous cryptocurrency projects and a privacy altcoin.
Must have for crypto-enthusiast.
Enjoy the chart.
Wishing you profits, health, wealth and success.
You deserve the best this life has to offer... Now and always!
Namaste.