Zcash's recent performance is worth paying attention to. After an initial correction, it found support around $380-390 and then launched a decent rebound. The current trend is quite steady—during the consolidation phase, the lows are continuously rising, and a complete bullish pattern has already emerged, which is a clear signal from a technical perspective. The privacy coin sector has also shown signs of recovery recently, with funds flowing back in, and the bullish momentum is gradually building.
From a trading perspective, you might consider going long around 380 and 360 for ZEC, with the upper targets set at 440 and 480.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
7
Repost
Share
Comment
0/400
OnchainSniper
· 1h ago
zec this move is indeed interesting, if you buy in at 380, just wait for the feast at 440
View OriginalReply0
BlockchainTherapist
· 01-13 13:10
zec this move is indeed interesting, has the privacy coin sector awakened? I like the detail of it steadily rising from the lows.
View OriginalReply0
MoneyBurner
· 01-13 13:08
Is this wave of privacy coins about to take off? I didn't have the guts to build a position when I was at 360 the day before yesterday, and now I see the rebound and just want to slap myself.
View OriginalReply0
SignatureVerifier
· 01-13 13:07
ngl the 380 support holds but has anyone actually validated the order flow data here... feels like classic pattern recognition bias tbh. 440 target seems statistically improbable without further volume confirmation, requires deeper auditing imo
Reply0
DAOplomacy
· 01-13 13:06
ngl zec bouncing off those levels is giving classic "looks good on the chart" vibes, but historical precedent suggests privacy coins always come with non-trivial regulatory headwinds... arguably the real question is whether this uptick has genuine stakeholder alignment or just another liquidity pump. 380-390 support is neat and all, but path dependency matters more than pattern matching here imo
Reply0
Degentleman
· 01-13 12:58
ZEC's recent rebound is indeed interesting, but privacy coins are still vulnerable to policy crackdowns... I don't really expect it to break 480.
View OriginalReply0
TradingNightmare
· 01-13 12:47
ZEC's recent rebound feels a bit shaky; privacy coins are just doomed to go hungry... Better to stick with BTC.
Zcash's recent performance is worth paying attention to. After an initial correction, it found support around $380-390 and then launched a decent rebound. The current trend is quite steady—during the consolidation phase, the lows are continuously rising, and a complete bullish pattern has already emerged, which is a clear signal from a technical perspective. The privacy coin sector has also shown signs of recovery recently, with funds flowing back in, and the bullish momentum is gradually building.
From a trading perspective, you might consider going long around 380 and 360 for ZEC, with the upper targets set at 440 and 480.