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Zec

ZEC experienced a range trend over the past two weeks!ZEC experienced a range trend over the past two weeks. After the selling pressure stopped at the $52 support area, buyer support pushed the price back to the $58-$60 resistance level. Buyers tried to turn this resistance back into support, but this range remained as resistance due to the recent price drop across the market. Still, the momentum and direction of the trend are downward, and the price is in a short-term downward channel. Further price declines could continue to the main support range of $50.5-$45. If this strong support holds, a double bottom pattern is possible to form on the weekly time frame. Therefore, the price growth can continue at least up to the resistance range of 70-75 dollars. For the short-term, in the 4-hour time frame, we can see signs of a typical positive divergence on the support levels of $52-55. Therefore, if there is no selling pressure this week, there is a possibility that the price will grow from this range and move towards the ceiling of the descending channel at the price of $60. Once the $60 resistance is broken, the following targets will be available to buyers.
by MonoCoinSignal
11
Zcash ZEC - Privacy 2023/2024Zcash is decentralized, credibly neutral, and, like Bitcoin, has a fixed supply of 21 million Zcash currency units (ZEC). Every 75 seconds, a new block is mined to the Zcash blockchain and a block reward of 3.125 $ZEC comes into circulation. The amount of the block reward cuts in half about every four years until all 21 million ZEC are in circulation. Zcash inflation almost precisely mimics that of Bitcoin. It’s important to note that as new coins are created, inflation goes down, and at each halving, the rate drops significantly.
Long
by cryptolover12
1
Zcash ZEC VS BTC Bitcoin - Altseason Breakout Strategy - PrivacyThe possible use cases are as numerous as with any Defi system. One example might be the ability to purchase an NFT using shielded ZEC, allowing the purchaser privacy by shielding onlookers from prior transactions and ZEC holdings. Another example use case might be the ability to loan ZEC for yield where the originator of the loan remains private. Does this mean ZEC is actively pursuing to become an IBC-compatible Cosmos Zone? On a similar note, KEEP Network is soon launching a NuCypher collaborative solution for tBTC v2. Considering Matt’s @mhluongo past activity in here, is there a tZEC solution that’s actively being researched/built at the moment?
Long
by noam_chom
ZEC Incredible SetupLets take a look at LOG SCALE We can see the same rules are being applied in log scale (!) In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236 Conclusion: a) We are ultimately close to the bottom which is already in ($50 mark) OR (if last low breaks) b) Visit 0.786 - 0.886 $24-$33 Lookout: Potential is high ZEC will trade in 4 digits prices in the next run Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
Zec in important levelsZcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions. Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics. Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance. Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase. Buy setup (Spot and Future; but Spot is main) **In short-time this crypto can be bearish Entry : 49.5 - 60.6 SL : 42.7 TP1: 62.4 TP2: 64.5 TP3: 67 TP4: 70 TP5: 73 TP6: 77 TP7: 81 TP8: 86 TP9: 91 TP10: 97 TP11: 105 TP12: 115 TP13: 125 TP14: 140 TP15: 155 TP16: 175 TP17: 200 TP18: 231 Spot or Future (with 1x, 2x, or 3x) Run it and keep enjoy😍 Follow me! Copy my trades💚
ZLong
by rezamehrjuyan
ZEC - starting movesJust a quick update here because there is not much to add really Seems its doing a leading diag possibly as a 3-3-3-3-3 count and now unfolding the final 5th wave. Once we r/s flip $70 its gone. Ideally its gonna break that (for now looking bear) flag to the upside and reclaim that big triangles bottom thereafter. Tiny retrace for a wave 2 and the big show starts probably end of 22/early 23 Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer