๐
$ZEN (Horizen) +6.4% today: real rebound or just noise?
Price: 6.41 USDT | 24h range: 5.995 โ 6.545
๐ฐ Whatโs happening:
โข ZEN is no longer the PoW coin it used to be: it migrated to Base as an ERC-20 token, and Horizen launched its mainnet as an L3 on Base, focusing on privacy and regulatory compliance.
โข The maximum supply remains capped at 21 million.
โข Staking returned on Horizenโs L3, and Tachyon launched a beta in May 2026 for private transfers between Base and Horizen.
โข The broader narrative: the privacy sector has led the crypto recovery, and ZEN outperformed Bitcoin on September 8. (Horizen's ZEN Migrates to Base, Unlocking New Privacy Apps +5)
๐ What the chart says:
โข On the 1D chart, the price has reclaimed the EMA20/50 (โ6.37), while the EMA200 (โ6.02) remains support.
โข RSI is around 49 (1D) and 53 (15m): neutral territory, with no overbought conditions.
โข On the 15m chart, clear resistance is at 6.545, with support at 6.35 / 6.25.
๐ง Money flow (watch this):
โข 24h net inflow: +31,997 ZEN
โข Small and medium orders are buying (+40.5K and +14.2K), while large orders are selling (-22.7K)
โข Large traders have had net outflows for 3 days in a row
๐ Strong retail buying, while whales are taking profits. If it loses 6.35, watch for a pullback; if it breaks 6.545 on volume, the move is confirmed.
What do you think: does it break 6.55 or fall back to 6.2? ๐
โ ๏ธ This is not financial advice. Do your own analysis.
#horizen #privacidad #Base #Binance $ZEN $ETH