💥 Zcash (ZEC) surprises the market with +52% in one day 💥
The privacy cryptocurrency ZEC had an explosive movement in the last 24h, reaching a price of $116.44 with a +52.63% increase. At its peak of the day, it reached $129.20, after having touched a low of $73.52. 🔥
📊 Key data:
• Current price: $116.44
• 24h high: $129.20
• 24h low: $73.52
• 24h volume: 137.59M USDT
• 1-year performance: +310% 🚀
🔎 Why is ZEC interesting?
Zcash is one of the pioneering projects in the cryptocurrency sector focused on privacy, offering optionally anonymous transactions through the use of zero-knowledge proofs (zk-SNARKs). This makes it one of the most attractive coins for those who value privacy on the blockchain.
👁️ My view on the current movement:
• The price strongly broke key resistances that were around $70 – $90, which generated a strong influx of volume.
• Now the challenge is to consolidate above $110 – $115 to avoid this becoming a simple “pump & dump.”
• If it maintains the momentum, the next technical target would be in the $140 – $150 range, while the support to watch below remains $90.
⚠️ As always, ZEC has high volatility, but the strong increase in volume and the positive trend in longer timeframes suggest that there could be more room to grow if it manages to hold on.
