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ZECUSD

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!
COINBASE:ZECUSDLong
by RLinda
17
Weekly support has been completely broken!ZEC has been falling in price over the past few weeks with selling pressure building across the market, and the currency's weekly support range of $45-$50 has been completely broken, turning into resistance. As you can see, in the past, there was a descending channel for the price; the extension of this channel and the selling pressure led the price to the second descending channel. Also, the two support levels that we considered at the prices of $41 and $36 have been associated with a very positive reaction in the second range. The price of this currency has returned to the first downward channel, and if the short-term and favorable market conditions continue, there is a possibility that the price will meet the specified resistance and creates a range trend below the resistance. According to the good return observed on the RSI, if it hits the support level again, the potential for a positive divergence and formation of trend change signs is high.
by MonoCoinSignal
5
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
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