ZEC Breaks $1,000 As Traders Eye the Next Move Toward $1,100

4h ago•

bullish:

bearish:

A gigantic golden Zcash coin soars upward like a projectile and has just shattered through a monumental glass ceiling displaying only 1000. In the foreground, several traders look up with expressions of astonishment as glass shards fly toward the camera. Above the ceiling, an old mechanical structure bearing 2018 reappears in the light, like a long-abandoned level.

For about ten years, ZEC has just crossed 1000 dollars for the first time. This crypto briefly exceeded 1045 dollars on Friday, September 4, after a monthly increase close to 100%. Such a rally was supported by the launch of Grayscale's Zcash ETF, demand for confidential transactions, and short position liquidations. However, the evolution of leverage and the high RSI level now amplify the risk of a sharp pullback.

L’article ZEC Breaks $1,000 As Traders Eye the Next Move Toward $1,100 est apparu en premier sur Cointribune.

4h ago•

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bullish:

bearish: