ZEC / USDT - 1,154.665 -0.89%
Live Data: 1,154.665 | 24h High 1,212.617 / Low 1,105.960 / Vol 51.03K ZEC / Vol 58.78M USDT | 8h chart | Top 6 by popularity | Bottom 758.464 on Aug 28 | Top 1,257.140 on Sept 5
1. PROJECT
ZEC - Zcash - Privacy coin. Original privacy-focused Layer1, zero-knowledge proof technology. Digital cash with shielded transactions. One of the oldest privacy projects, strong fundamentals, back in narrative because privacy coins are pumping.
2. WHAT HAPPENED?
Massive breakout. From 758.464 low on Aug 28 to 1,257.140 high on Sept 5 = +65% in 8 days on 8h. Detail box shows Sept 5 19:00 candle: Open 1015.689 to Close 1025.893 +1.00% with 14.06M volume, part of the vertical green move.
Now small pullback from 1,212.617 to 1,154.665 -0.89% today, healthy consolidation after huge run.
Support: 1,105.960 - 1,090.915 first holding zone (24h Low). Below that 1,004.345 low of Sept 5 breakout.
Resistance: 1,177.179 - 1,212.617 immediate barrier (24h High). Above that 1,257.140 top and 1,265.205.
Summary: ZEC is in strong 8h uptrend, holding near top after +65% pump. Above 1,105.960 keeps path to 1,212.617 retest and 1,257.140. Losing 1,105 opens 1,004 correction. Trend bullish as long as 758.464 holds.
Not Financial Advice.
