I have complete confidence that this currency will surpass 1000$ someday, and aside from the technical analyses, the currency project itself is strong and will prove itself

🪙 Analysis and Monitoring of Currency $ZEC (Zcash) – Seize the opportunity and buy from the bottom

🔹 Current purchase price: 384
🎯 Targets:
🎯 First target: 410
🎯 Second target: 450
🎯 Third target: 500
🛑 Stop loss: 360

📌 Let’s talk a bit about the currency:

Zcash is one of the strong currencies in the market and primarily focuses on privacy and protecting user data, relying on advanced encryption techniques that make transactions more secure. The currency has a long history in the market and still maintains its name and status among privacy-focused currencies.

📊 Key technical indicators:
• RSI indicator is close to neutral areas and gives room for upward movement.
• MACD indicator is improving and shows weakness in downward momentum.
• Trading volume has started to stabilize after a selling pressure period.
• The general trend is attempting to build a bottom before any strong movement.

💡 Advice:

Entry should be gradual, and it is preferable to divide the amount, especially at these prices which are considered attractive for medium-term investment.

⚠️ Warning:

Any clear break of the stop-loss level could change the scenario, and capital management is more important than any target
#Zec