However, the clouds over the coin never cease to gather, because on 1 January 2021, Bittrex claimed that it will remove the anonymous coins Monero (XMR), ZCash and Dash on Friday, 15 January at 23:00 UTC. Then the value of all coins sharply fell,but ZECUSD did not update the low, it was the first bell that there might be growth.
The same thing happened the other day in the DASHUSDT pair. that you can quickly earn +60%, whoever wanted and believed - became richer in a matter of days)
It looks like ZECUSD is being artificially pushed upwards to sell it expensively before delisting. The upper target of this growth is $125, it is better to say goodbye to the ZEC before this level and look around. Will delisting of anonymous coins be Bittrex's sole campaign or other exchanges will support the negative.
A break above $125 will quickly push the price up to $150, but a correction to the range of $80 is more likely. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Nice. I think you spot on. Lines up pretty nicely with, potential, short term bearish price action for BTC, too.
BarcinGokboru
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Acrually there is a reverse head and shoulders in daily chart. I expect around 177usd within 15 days.
Kalete
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Nice idea. I think it could touch 124 and go back down, or sideways for sometime here and then blast through 124 up to $200. Zcash emissions did just get cut in half this past November, so it's very bullish.
CryptoWaveSurfer420
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Spot on so far. Touched 120. I think it's going down and retesting 100.