ZECUSDT
In March 2020, Zcash (ZECUSD) experienced its all-time low. Fast forward to June 2023, Zcash marked another significant point in its history, reaching its lowest level since that all-time low, a noteworthy duration of 898 days. This recent low might signify the end of the consolidation phase, setting the stage for an upward movement to at least the mid-range.
A key bullish indicator is the break in the RSI downtrend, which has been ongoing for nearly three years. This development suggests a positive shift in market sentiment.
Considering these factors, the ideal buying zone for Zcash is projected to be between $24 and $28. This range represents a strategic entry point based on current market trends and the recent break in the RSI downtrend."
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
A key bullish indicator is the break in the RSI downtrend, which has been ongoing for nearly three years. This development suggests a positive shift in market sentiment.
Considering these factors, the ideal buying zone for Zcash is projected to be between $24 and $28. This range represents a strategic entry point based on current market trends and the recent break in the RSI downtrend."
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.