ZEC just broke below that support trendline. Could see a dead cat bounce heading into the $500-$550 zone for a retest before things get uglier. If that fails? Watching for potential support around the old ATH somewhere between $350-$300.
Not telling anyone what to do here, just thinking out loud. Privacy coins like Zcash have been making noise lately, so it'll be interesting to see how this plays out. Market's been all over the place with these assets.
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TommyTeacher
· 12-03 00:51
This wave of ZEC really hurts. If the $500 support level is also broken, I will have to accept my fate.
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BearMarketSurvivor
· 12-01 05:29
The recent fall of zec is quite severe; it feels like the Dead Cat Bounce at over 500 may really not hold.
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RugResistant
· 11-30 17:01
This wave of zec is really tragic, a Dead Cat Bounce can't save it, right?
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TokenomicsDetective
· 11-30 16:59
The recent movement of zec does look difficult, but we still need to follow Privacy Coins.
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GateUser-beba108d
· 11-30 16:58
It feels like zec is about to break out, whether it can hold the $300 level is really hard to say.
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NFTArchaeologist
· 11-30 16:46
The recent fall of zec is indeed ugly, Privacy Coins should reflect on themselves.
ZEC just broke below that support trendline. Could see a dead cat bounce heading into the $500-$550 zone for a retest before things get uglier. If that fails? Watching for potential support around the old ATH somewhere between $350-$300.
Not telling anyone what to do here, just thinking out loud. Privacy coins like Zcash have been making noise lately, so it'll be interesting to see how this plays out. Market's been all over the place with these assets.