Zcash impresses with 520% monthly gains: Can the ZEC price rally continue? 📈
Zcash has garnered attention with an incredible 520% increase in its monthly value. This impressive performance in the crypto market has sparked curiosity about the potential for the rally to continue.
Technical analysis indicates that Zcash could experience a 25% breakout, bringing the price to $336 in October. Despite these optimistic projections, there are concerns about a long-term correction.
Traders and investors are keenly observing Zcash, weighing the likelihood of sustained gains against the possibility of an eventual price drop, given its current significant rally.
Source: cointelegraph.com ↗
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