In the past month, Zcash (ZEC) has gained over 520%, climbing to levels not seen since December 2021. However, with the price now approximately 246.96 USD, concerns of an impending correction arise as ZEC approaches critical support at 210.00 USD.
ZEC must maintain a price above 245.00 USD to target a further increase to 336.00 USD in October. Analysts highlight a classic bull flag pattern, suggesting another rally may be possible, despite existing volatility in the market.
Leave a Reply