⏏️◀️The price of Zcash (ZEC) has risen by 11% amid strong accumulation,🔺 targeting a breakout of $50📶⏏️
⚪The price of Zcash shows a very strong bullish trend on the daily technical chart.✔️📶
⚪The price of ZEC has increased by about 11% over the past 24 hours🔺, indicating buyer dominance.✔️📶
⚪Zcash (ZEC) is showing an interesting technical pattern on the daily technical chart🔺, setting up for a strong comeback🔻. According to CMC data, the price of the altcoin is trading at around $42.14,🔺 with strong gains over the past 24 hours,🔺 leading to its rise of 11%.✔️📶
⚪The daily chart shows that ZEC has been trading in a downward trend over the past few months🔺. At the same time🔻, its price has repeatedly hit a long-term resistance level that has limited its gains since its peak in May at $55.🔺 This technical pattern is usually an indicator of accumulation.🔻 Subsequently,🔺 the price of ZEC finally broke the long-term resistance level,🔺 and current market dynamics suggest the possibility of the stock entering a new bullish wave.✔️📶
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