Zcash (ZEC) is showing signs of stabilizing after a recent two-week pullback, currently trading around $476. It has found strong support near its 50-day and 100-day moving averages, which are critical levels for maintaining its medium-term bullish trend. If buyers continue to defend these supports, ZEC could rally toward the $500 mark, with resistance around $495 and $520 levels to watch next. Momentum indicators suggest weakening selling pressure, indicating a potential recovery rather than a sharp decline, but a drop below the 100-day moving average could lead to further downside risk near $412.
XRP is facing strong resistance around $1.10, trading below key moving averages and showing limited volume, indicating cautious investor sentiment and a stalled recovery. Zcash is attempting to stabilize after a correction, with potential to rebound ...
Solana, Zcash, and Bitcoin are all testing critical support levels after recent failed recovery attempts. Solana dropped below its 100-day moving average, signaling ongoing selling pressure and resistance near $80. Zcash is nearing its 200-day moving...
Cryptocurrency markets showed a general downward trend with Bitcoin priced around $63,664, down 1.66%. Major altcoins such as Ethereum, Binance Coin, and Solana also declined, while smaller tokens like SHIB and NEAR experienced significant drops of o...
Zcash has launched its Ironwood network upgrade to address a critical security flaw found in its previous shielded pool, Orchard. The upgrade restricts the Orchard pool and introduces a new shielded pool with a system that independently verifies that...
Zcash has launched its Ironwood upgrade, retiring the previous Orchard shielded pool that held about 3.66 million ZEC (worth $1.7 billion). This move addresses a previously undisclosed bug in Orchard's proof circuit that could have allowed counterfei...
