Is ZEC ready for a silent surge? 🕵️♂️🔒
Zcash (ZEC) is a privacy-focused cryptocurrency that uses zero-knowledge technology to provide confidential transactions. As concerns about privacy in the digital space grow, ZEC positions itself as an attractive option for those seeking anonymity in their transactions.
Current price: $47.10 USD
Market capitalization: $780 million USD
Trading volume (24h): $80.5 million USD
Circulating supply: 16.7 million ZEC
Maximum supply: 21 million ZEC
Technical analysis:
Key support: $41.63 USD
Next resistance: $43.52 USD
Current trend: Slightly bearish, with signs of possible consolidation
Suggested investment strategy:
Entry: $41.00 – $43.00 USD
First profit target: $46.00 USD
Medium-term target: $50.00 – $55.00 USD
Suggested stop-loss: $39.00 USD 🚨
With a focus on privacy and robust technology, ZEC could benefit from renewed interest in confidential transactions. If the market values privacy, Zcash is well-positioned to stand out.
Do you already have ZEC in your portfolio, or are you considering adding it?
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