$ZEC waking up from a multi-year graveyard while most people still think privacy coins are dead.
Monthly structure is insane: from $15 lows to over $600 at peak this cycle.
Now the interesting part: despite the pullback from $736, higher timeframes still look strong. Weekly MACD flipped bullish again, volume expanding and buyers keep defending dips aggressively.
Short term RSI is overheated, so volatility and violent shakeouts are normal here. But structurally this doesn’t look like a dead cat bounce anymore.
If momentum holds above the $500-$520 region, market participants will start looking at the old cycle highs much faster than expected.
Privacy narratives usually move late. When they wake up, they move brutally fast.
To celebrate the start of a new builder lifecycle on @farcaster_xyz for DeFi/SocialFi, we teamed up with @poapstudio for a celebratory POAP minting on Arbitrum!
Follow us and recast our post on Farcaster to unlock it. 👇
Customize block times (as low as 100ms), gas tokens, and enable Rust smart contracts via Stylus with RaaS's like @Calderaxyz, @conduitxyz, @Alchemy, @alt_layer, @QuickNode, @0xZeeve & @gelatonetwork