As reported by CoinEdition, ZEC continues to show a strong uptrend, supported by rising futures open interest and institutional accumulation. Zcash remains above key support levels, with immediate resistance at $683–$690. Cypherpunk Technologies recently acquired nearly 30,000 ZEC tokens, increasing its holdings to over 1.43% of the network supply. Open interest in ZEC futures has risen to $1.16 billion, indicating heightened speculation and volatility. Spot inflows have also increased, with a $1.61 million net inflow recorded on November 20. Traders are closely watching for a breakout above $690 to confirm further upward movement.
Zcash Price Prediction: ZEC Maintains Bullish Momentum Amid Institutional Accumulation
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