$ZEN ZEN has shown strong recovery momentum recently, trading around $10.35 with a 24-hour volume spike exceeding $135M.
* Privacy Sector Surge: ZEN surged over 13% earlier this week, riding a "privacy coin wave" alongside Monero (XMR) and Dash. This is driven by renewed demand for on-chain confidentiality following the EU's DAC8 directive and new U.S. surveillance draft bills.
* Fundamental Pivot: Horizen's migration to Base as a Layer 3 (L3) appchain is now yielding results. The upcoming Q1 2026 "Confidential Compute Environment" upgrade is a major catalyst, aimed at bringing private smart contracts to the ecosystem.
* Technical Levels:
* Support: Strong holding at $9.05.
* Resistance: Needs to break and hold above $12.80 to confirm a long-term trend reversal toward previous highs.
$MOVE #Movement (MOVE) Analysis
MOVE is currently in a high-stakes consolidation phase, trading at approximately $0.035 with a market cap near $98M.
* Mainnet Transition: The biggest story for 2026 is Movement’s scheduled transition from a Layer 2 sidechain to an independent Layer 1 $DASH blockchain in Q1. This "Move 2.0" upgrade aims for 10,000+ TPS and puts it in direct competition with Sui and Aptos.
* Supply Inflation Risk: Investors are cautious due to a significant supply overhang. Only 28% of the 10 billion total supply is circulating, and monthly unlocks (approx. $7M–$8M) continue to create consistent selling pressure.
* Technical Outlook: The daily chart shows a neutral-to-bullish bias.
* Resistance: $0.038–$0.040. A successful mainnet launch could catalyze a 20–30% rally.
* Bear Case: A drop below $0.031 (all-time low) would signal further capitulation.
