Friends! Zcash's recent operations are incredible! It has directly risen by 12%, now priced at 458 USD, with a key level at 446 and a support level at 411. Today, it has already hit 470 multiple times and has remained stable without dropping! I have been staring at the chart for half an hour, and the signal for this bullish trend is too obvious - it might surge to 550 USD tonight!
News:
Zcash treasury bond interest has increased significantly, and capital inflow is apparent. This wave of increase has solid support. I predict that this surge will be at least 90 USD, targeting 550! But be aware, the market is very volatile, and there may be a pullback; this is a good opportunity to buy back orders!
Technical aspect
In the chart, the two positions 445 and 411 are marked with red boxes. This is the 'strong support zone' that the major forces are guarding closely, just like the base of a city wall. When it drops here, funds will buy the dip. The pressure level at the top of 474 has been touched three times today without breaking, but each pullback has not broken 446. This is like boxing; if your opponent throws three punches without breaking through your defense, it's your turn to counterattack! The RSI indicator is around 63, neutral to strong, and not overbought, indicating there is still room for growth. Trading volume is 48,051, estimated at 88,846, and market activity is high with funds pouring in!
Brothers holding Zcash, what should you do now? The city lord gives you the key points:
First, stay calm, 446 and 411 are both strong supports. If it drops to these levels, you can increase your position. If it breaks through 470, directly hitting 550 is not a dream! But be sure to set a stop-loss to control risk.
Second, during the process of hitting 550 tonight, there may be major forces washing the plates. How to identify and seize opportunities? Follow the city lord to get the latest strategies, and earn big together!
Personal opinion of the city lord: The Zcash bulls have reestablished! 446 and 411 are strong supports, steady as a mountain. 470 has been tested multiple times without breaking, and the probability of hitting 550 tonight is very high. The technical RSI is neutral to strong, trading volume continues to increase, and treasury bond funds are pouring in. This wave of increase has solid support! Holders should stay steady, and those without positions should pay attention to the opportunity for a pullback. The city lord will accompany you to earn all the way!
During the process of hitting 550 tonight, there may be major forces washing the plates. How to identify and seize opportunities? Follow the city lord to get the latest strategies, join the city lord's village, and earn big together! This wave of ZEC opportunities is rare, don't miss it!
