$ZEC
Privacy Token Rally Continues as Bulls Eye Break Above $300
Current Price: $252.76
24h Change: +16.11%
24h High: $255.60
24h Volume: 524.3K ZEC
Category: PoW | Privacy | Gainer
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📊 Market Overview:
Zcash (ZEC) has extended its impressive rally, climbing over 16% in the last 24 hours as privacy-focused cryptocurrencies surge in popularity. The asset has now gained more than 400% in the past month, and nearly 700% in 180 days, signaling one of the strongest bull trends among Proof-of-Work coins.
The move is being fueled by renewed investor interest in decentralized privacy protocols and strong inflows into privacy tokens like DASH and Monero, as traders hedge against regulatory uncertainty.
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📈 Technical Analysis:
ZEC/USDT is currently trading near $252, consolidating after touching the recent high of $298.05. Price action remains well above the Bollinger middle band (MB: $200.57), showing clear dominance of buyers and a healthy uptrend structure.
Trade Setup:
✅ Entry Zone:
Between $245 – $255 on pullbacks near support.
🎯 Target Levels:
Target 1: $275 — first resistance & local breakout level.
Target 2: $298 — previous swing high.
Target 3: $325 — extension target if momentum continues.
🛑 Stop-Loss:
Below $215 (just under 24h low and EMA support zone).
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📉 Risk & Reward Insight:
Risk/Reward Ratio: ~1:2.5 (moderate risk, strong continuation setup).
