Zcash Upgrade May Be Delayed to Prevent Infinite Fake ZEC
The Zcash upgrade may be delayed to prevent the risk of infinite fake ZEC being created. This is a critical security concern that the development team is addressing. For Zcash holders, this is a development to watch closely. Any delay could impact short-term price action. Zcash is currently trading at support levels. If the upgrade proceeds smoothly, it could be a positive catalyst. However, if delays persist, selling pressure may increase.
Key levels:
Support: 25
Resistance: 28
Entry zone: 25.5 - 26 if support holds
Target 1: 28
Target 2: 30
Stop loss: below 24
This is for informational purposes only. Not financial advice
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