Hello everyone today i'm going analysis ZEN-USDT
A)We have storng support level 9.3$,if we look February month in 2020 we in same level and price push 13.8$.
B)Price also retracement 11.7$ level, and pullback to 9.3$, this is strong support level now.
C)We also have diagonal support level and now price touched diagonal support and then i think price growing upward...
Privacy coins continue to be important in cryptocurrency markets.
While most cryptocurrency transactions are traceable on the blockchain, privacy coins utilize a range of protocols to obscure the addresses of transacting parties. Some privacy cryptocurrencies are private by default. Others offer identity-preserving features as an option.
Horizen is a technology...
Pattern: Channel Down on 1W.
Signal: Bullish as the pattern marginally broke to the upside but need also to break above the 14.7000 Resistance top for confirmation.
Target: 34.0000 (the next Resistance).
Horizen ZenCash was launched in May 2017 as a privacy-oriented digital currency ecosystem built on zk-SNARKs (“Zero-Knowledge Succinct Non-Interactive Argument of Knowledge”), an innovative cryptographic technique first introduced by the ZCash ZEC team.
Building upon the ZCash team’s core focus Horizen aims to create a high-performing platform for money, messages...
From ZenCash to Horizen
Horizen, known as ZenCash before rebranding, started through a fork of the Zclassic (ZCL) blockchain. Zclassic itself was a fork of the privacy-centric cryptocurrency ZCash ZEC
More than just a ZCash ZEC fork
Since Zcash is also a privacy-centric crypto, Viglione noted he believes Horizen made a breakthrough in side-chain technology,...
Zen obviously wants to break higher. I am observing it quite a few weeks and allways when we get to 13.xx levels, there comes a pump up. The last one was huge (some partnership announced), so I didn´t think we´ll be able to get back here again. Well, we did. It needed to test the accumulation zone with POC included.
So I can see two possibilities here :