$ZEC Technical Analysis: $ZEC price is currently moving i | Rawassiya on Binance Square

Trending Articles

Bookmarked and Liked

--

$ZEC  Technical Analysis:
$ZEC  price is currently moving inside a horizontal accumulation zone (black box).
Safe entry would be upon a retest of the $34.00 – $36.00 zone, as long as the support holds.
#SaylorBTCPurchase 
$ZEC 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ZEC

0

%

354

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Rawassiya

Explore More From Creator

$PENGU Technical Analysis: $PENGU has broken through the resistance area and is now trading above it. We may see a retest of this zone, which is where you can open long positions. After some accumulation, a continuation of the upward movement may occur. Support Area: $0.009000-$0.009570 Resistance Area: $0.0134-$0.0142 #AirdropSafetyGuide $PENGU

--

$XLM Technical Analysis: $XLM price has broken out of the falling wedge pattern and is now gradually approaching the resistance area. If the price is able to break the resistance, we could see a continuation of the upward movement. Currently, this is not a trading zone, so it's better to wait for a while. Support Area: $0.238-$0.246 Resistance Area: $0.300-$0.309 #AirdropStepByStep $XLM

--

$BTC Bitcoin has shown remarkable strength, recently crossing the $95,000 mark. This surge marks its most robust weekly performance since November 2024, reigniting bullish sentiment in the market. Several factors contribute to this upward momentum, including sustained inflows into Bitcoin ETFs, significant coin purchases by MicroStrategy, and optimistic comments regarding potential friendlier US regulations. The break above $95,000 has put the $100,000 milestone within reach, with some analysts suggesting an even more ambitious target of $1 million could materialize sooner than previously anticipated. This optimistic outlook is partly fueled by historical price patterns and the potential for global monetary debasement. Technically, Bitcoin faces some resistance around the $95,000 level, a point that aligns with Fibonacci retracement levels and previous highs. A decisive close above this could pave the way for further gains, potentially towards the $97,000 - $100,000 range. On-chain data reveals decreasing Bitcoin supply on exchanges and increased long-term holder accumulation, further supporting a bullish outlook. However, short-term pullbacks remain a possibility, and traders are closely monitoring market sentiment and trading volumes for confirmation of continued upward momentum.

--

#AbuDhabiStablecoin Abu Dhabi is set to become a significant player in the digital currency landscape with the announcement of a new stablecoin backed by the UAE Dirham. This initiative is spearheaded by three prominent entities: Abu Dhabi Developmental Holding Company (ADQ), International Holding Company (IHC), and First Abu Dhabi Bank (FAB). This Dirham-backed stablecoin aims to revolutionize payments and business transactions both locally and globally. Fully regulated by the Central Bank of the UAE (CBUAE) and issued by FAB, the UAE's largest bank, it promises a secure, efficient, and scalable solution for a wide range of users, including individuals, businesses, and institutions. The stablecoin will operate on the ADI blockchain, a technology developed in the UAE by the ADI Foundation. This foundation focuses on connecting traditional financial systems with advanced blockchain technology. The new digital currency is also expected to support emerging digital applications like machine-to-machine payments and artificial intelligence. This move underscores the UAE's ambition to become a leading global hub for fintech innovation and strengthens its digital infrastructure.

--

#ArizonaBTCReserve Arizona has recently taken a significant step towards integrating cryptocurrency into its financial strategy. The state legislature has passed two bills, SB 1025 and SB 1373, which, if signed by Governor Katie Hobbs, would establish Arizona as the first US state to create a Bitcoin reserve. Senate Bill 1025, known as the Arizona Strategic Bitcoin Reserve Act, allows the state treasurer and retirement system to invest up to 10% of available funds in digital assets, specifically Bitcoin. This bill reflects a growing interest among states to diversify their assets and explore the potential of cryptocurrencies. These initiatives in Arizona mirror similar discussions and legislative efforts in other states like Texas, Florida, and New Hampshire, indicating a growing trend towards considering Bitcoin and other digital assets as part of public financial management. If Governor Hobbs approves these bills, Arizona could become a leading example for other states and even sovereign nations looking to incorporate digital assets into their reserve strategies. As of 2023, Arizona's total public assets under management exceeded $31.4 billion, meaning a 10% allocation could potentially involve a substantial amount in Bitcoin.

--

Latest News

Ethereum's Technical Indicators Suggest Potential Bull Market

--

Ethereum News: Ethereum Pectra Upgrade Launches May 7 — Will ETH Price Finally Rally?

--

Bitcoin News Today: Bitcoin Climbs 16% in April as Ethereum RWA Tokenization Surges 20%

--

BNB Surpasses 600 USDT with a Narrowed 0.18% Decrease in 24 Hours

--

Ethereum(ETH) Surpasses 1,800 USDT with a Narrowed 0.95% Decrease in 24 Hours

--

Trending Articles

🎁*Learn & Earn*🎁$SOLV Quiz* 🎁[win Big solv çoin reward cl

Elon Musk announces his departure from DOGE and president Trump’s cabinet

‘You Have Been Warned,’ Pundit Says XRP Will Not Remain at $2.2 Forever

Lachakari_Crypto

Bitcoin to $300? Robert Kiyosaki’s Shocking Warning

Mueen Haider Infulencer

Mantra raises the alarm: the collapse of the OM token is a wake-up call for the entire crypto sector

The Cryptonomist

Cookie Preferences

Cookie Preferences