Zcash News Update: Zcash Approaches Critical $740 Level—Will It Surge to $750 or Face a Reversal?
- Zcash (ZEC) breaks above $611 confirmation zone, trading near $692.35 with 29.1% 24-hour gains and $4.34B trading volume. - Technical analysts highlight $740 as key breakout target, with potential pullback risks to $660 or $530 if momentum stalls. - Privacy-focused Zcash outperforms broader crypto market amid Bitcoin's six-month low, drawing attention to its structured bullish pattern.
Zcash (ZEC) has broken through significant technical barriers, with its price hovering around $692.35 and maintaining a strong upward trend
The latest surge started when
Recent price swings have also pushed Zcash to
Recent trading data highlights the strength of this rally.
Zcash’s performance comes amid a mixed market, with
As Zcash nears important technical milestones, market watchers are looking for confirmation of
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Today: Bitcoin ETFs See $1.1B Outflow, While New Investments Flow Into XRP and Solana Funds
- U.S. Bitcoin ETFs lost $1.11B in three weeks, with BlackRock's IBIT and Grayscale's BTC leading outflows amid Bitcoin's six-month low at $95,200. - Analysts link redemptions to macroeconomic uncertainty and profit-taking after October's $126,000 rally, while Harvard tripled its IBIT holdings to $442.8M. - XRP and Solana ETFs attracted $255M in new capital, highlighting crypto diversification as Ethereum ETFs also faced $259M in single-day outflows. - Market debates Bitcoin's $94,000 support level amid th
Chainlink's Value Plummets Even as Ecosystem Surges by $26 Trillion
- Chainlink (LINK) plummeted to a 2.5-month low below $14.50, breaking critical support with 118% 24-hour volume spikes signaling institutional selling pressure. - A 360,000-token liquidation cascade and 27% unrealized loss in Chainlink Reserve holdings highlight market fragility despite $26T+ oracle-driven transaction value. - Institutional adoption via Stellar partnerships and tokenized bonds offsets short-term bearishness, yet RSI at 41.72 and 58.79% Bitcoin dominance signal ongoing altcoin weakness. -
Meme Coin Frenzy Sparked by Whale’s $19 Million Wager and Trump’s Support for Crypto
- A crypto whale injected $19.86 million into 22 meme coins in one hour, reflecting heightened speculative activity amid Trump-era crypto-friendly policies. - Trump-linked Bitcoin miner Hut 8 Corp reported 460% revenue growth, leveraging low-cost operations and 4,004 bitcoins ($400M value) to capitalize on market trends. - Canary Capital's MOG ETF filing triggered a 17% market cap surge for the meme token, highlighting institutional interest in community-driven crypto assets. - Analysts warn of regulatory
India’s Blockchain Strategy: National Tokenisation to Upgrade Financial Infrastructure
- India's economic advisor meets Polygon and Anq Finance to discuss tokenisation frameworks and sovereign digital assets for financial modernisation. - Proposed Asset Reserve Certificate (ARC) model uses government securities as collateral, aiming to create secure, sovereign-backed digital settlement units. - Discussions highlight tokenisation benefits like faster settlements and reduced risks, while stressing regulatory alignment with existing financial infrastructure. - Collaboration positions Polygon as
Trending news
MoreCrypto prices
More
