While most of the crypto market is in decline, ZEC is going its own way. Since September 15th, Zcash has skyrocketed from $50 → $680, a massive 1,200% increase, while the crypto market is, so to speak, in free fall.
Key Points:
– Daily Volume of over $3.3 billion;
– ZEC climbs back to the top of the market cap rankings;
– Continued growth despite BTC falling below $100,000 and long liquidations hitting the market;
Even as Bitcoin, Ethereum, and major altcoins face strong selling pressure, Zcash remains largely untouched, rising straight up while sentiment elsewhere remains bearish.
TD Sequential Warns with Sell Signal
Analysis by Ali Martinez notes that TD Sequential has issued a sell alert – and the last two have triggered corrections of over 30%. Timing matters: ZEC is now testing the $700 resistance, a classic exhaustion zone after a parabolic run.
Mixed technical signals:
Daily Summary: Strong Buy
MA Bias: Bullish
4h RSI: ~62 (Momentum cooling)
4h MACD: Still positive
Bulls remain in control, but momentum is stabilizing rather than accelerating. The next move hinges on a single level: $700. A clean break → new speculation and higher targets. Rejection → profit taking and a retest of the $600–620 support. At the moment, ZEC is trading near $680 – making it one of the strongest assets on the market right now.
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