$ZEC Zcash just put in a serious move. 🔥
$ZEC is sitting at $462, up 3.35% in the last 24h, after tagging a high of $469 and bouncing hard off $425 lows. That's basically an 11-point range in a day.
What stands out on the 4h chart: price broke clean above the EMA cluster (7/25/99) after weeks of grinding sideways under resistance near $421-427. RSI(6) is running hot at 74.7, so it's stretched short-term, but MACD just crossed positive (DIF 13.27 > DEA 8.86) confirming momentum flipped bullish.
Volume's still fairly light on this leg up though worth watching whether buyers actually step in with size or this fades back into the range. Big picture, ZEC ran from ~$360 to a $544 spike a few weeks back, pulled back hard, and now it's trying to reclaim that mid-range zone around $460-465.
Not financial advice, just watching the chart. Privacy coins waking up? 👀
$ZEC is sitting at $462, up 3.35% in the last 24h, after tagging a high of $469 and bouncing hard off $425 lows. That's basically an 11-point range in a day.
What stands out on the 4h chart: price broke clean above the EMA cluster (7/25/99) after weeks of grinding sideways under resistance near $421-427. RSI(6) is running hot at 74.7, so it's stretched short-term, but MACD just crossed positive (DIF 13.27 > DEA 8.86) confirming momentum flipped bullish.
Volume's still fairly light on this leg up though worth watching whether buyers actually step in with size or this fades back into the range. Big picture, ZEC ran from ~$360 to a $544 spike a few weeks back, pulled back hard, and now it's trying to reclaim that mid-range zone around $460-465.
Not financial advice, just watching the chart. Privacy coins waking up? 👀