Zcash (ZEC) experienced a sharp 44% drop in 24 hours, falling to around $298. The crash was driven primarily by spot market selling rather than a leverage-induced cascade, as forced liquidations totaled about $118 million, relatively small for such a price drop. In contrast, Bitcoin and Ether saw smaller price declines but higher liquidation amounts. Traders rapidly opened new positions during the decline, with a notable increase in short interest. Meanwhile, ZEC futures open interest reached a record high, surpassing the previous peak from late May, indicating strong trader activity despite the price fall.
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
ZCash (ZEC) surged 13.85% on July 14 and continued rising by 1.6% the next day, breaking through key resistance levels at $500 and $560. This follows a recovery from a critical vulnerability discovered in May that caused a sell-off. Technical indicat...
ZCash (ZEC) rallied over 11% in 24 hours, driven mainly by $12.75 million in short liquidations and a shift in funding rates favoring bulls. The price broke above a key resistance at $538, suggesting a potential rise to $626 if it maintains this leve...
Zcash (ZEC) is showing a strong bullish technical setup with a cup-and-handle breakout pattern suggesting a potential 45% price increase to around $780. The key support level to watch is $540; holding this level supports the bullish outlook, while a ...
Recent whale wallet activity shows a shift toward accumulating Bitcoin rather than selling, supported by a 3.25% price increase to $64,514 and Ethereum's 5.04% gain. Reduced outflows from exchanges and steady miner behavior indicate holders are movin...
