Zcash (ZEC) has demonstrated significant bullish momentum, climbing 15.7% in the past 24 hours to maintain its position above the crucial $419 support level. The cryptocurrency reached a peak of $473.26, with trading volumes increasing near the $468.67 resistance mark. ZEC also strengthened against Bitcoin, gaining 17% to reach 0.004592 BTC, highlighting its short-term market strength.
The 4-hour chart indicates ZEC's resilience above $419, as buyers continue to support this level during minor pullbacks. The recent breakout above $468.67 has further fueled bullish sentiment, with traders monitoring whether ZEC can sustain its position above $419 amid ongoing market fluctuations.
Zcash (ZEC) Surges 15.7%, Holds Strong Above $419
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
