Zcash (ZEC) is struggling to surpass its 50-week EMA resistance near $230, signaling weakening bullish momentum and a possible 30% pullback toward the 100-week EMA at $166. This technical weakness is compounded by macroeconomic pressures from rising oil prices linked to US-Iran tensions, raising inflation risks and tighter monetary policies that dampen speculative asset appetite. Despite this near-term downside risk, Grayscale highlights Zcash's growing value in financial privacy, especially as AI surveillance increases, suggesting a stronger long-term outlook if privacy features gain mainstream importance.
Zcash (ZEC) has gained over 16% in the past week, rallying from lows near $368 to around $552 following an 11% jump in one session. This surge is driven by anticipation of the Ironwood shielded pool upgrade expected around July 28, which addresses a ...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
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...
