ZECUSD trade ideas
Zec Web 3 Privacy Coin. Tbf I think monero is the best privacy coin
But you’re going to struggle with mainstream adoption with xmr
Zec has a good case to make for being the privacy layer of web 3
Going proof of stake should enable an ESG case for investment
Easy double here mid term imo and could be a generational bottoming
GRI 2023
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-$50.
We do have a nice support line on the underside which should be used as a target for this short, offering well over 10% in gains on this trade.
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$ZEC / USD - 1W Staff of ZeusZero-knowledge proof overtakes finance past 2025. The forefather token of ZK Halo2, ZCASH, will soar to massive heights in the year 2025, and onward become the standard for digital currency.
TGT PRICE1: $401.43
TGT PRICE2: $816.38
**WARNING FROM THE FUTURE**
***Your cash is now gone, there is nowhere else to go. FULL STOP***
RLinda ! ZECUSD-> A strong coin in a falling marketZECUSD is showing more confidence in the coin amid yesterday's fall of the crypto market and including the fall of bitcoin. ZCash shows strength from the buyers and breaks the resistance of the main bearish trend
I expect a final consolidation above the previously broken border, or a retest of the support of the uptrend channel with further growth continuation. The coin has the potential to rise to 66.2
I expect growth from the area of 44.00-46.00 towards 52 (first target) and then towards 61.5. Medium term target is liquidity zone 66.2
Regards R. Linda!
Z-Cash - Channel Reversal ImminentZ-Cash price has touched the lower bound of a price channel defined back in 2021 and is getting ready for a reversal. Based on past performance, I'd say we are headed back to $100 by April 2023. Whether we exit this channel at that time or not isn't yet clear but it sure does look like a 100% gain here is in the cards.