Zcash ($ZEC ) shows a powerful leap: price $47, 24-hour growth +13%! The anonymous cryptocurrency with zk-SNARK attracts attention due to the demand for privacy. Let's analyze the prospects and create a trading plan.
Analytics: $ZEC broke the downward trend, holding above $35, which signals a bullish impulse. Trading volumes ($74.8M for 24h) confirm buyer interest. The support level $42-44 (zone 0.382 according to Fibonacci) holds the price, while resistance at $50-52 may become the next target. ZEC volatility (5.06%) requires caution. Macroeconomic factors and regulatory risks maintain pressure, but the demand for privacy supports long-term potential.
Bullish scenario:
• Entry:$ZEC $47.5 (consolidation above $47).
• TP: $52 (resistance), $60 (on breakout).
• SL: $45.1 (4% of the entry).
Move SL to break-even when reaching $49.
Bearish scenario:
• Entry: $44 (pullback to support).
• TP: $47 (local level).
• SL: $42.2 (4% of the entry).
Recommendation: Risk no more than 2-3% of your deposit. ZEC is volatile, so keep an eye on the news.
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