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Privacy tokens like Zcash are witnessing a surge in institutional crypto adoption, thanks to zero-knowledge proofs that ensure confidential transactions.
Zcash price stabilizes around $488 after a recent decline from $760. The future trend depends on the reaction at the confluence of support, including an ascending trendline and the 20-day EMA near $442–$450.
Zcash's price faces a potential crash to $256 following a significant bearish pattern, despite recent massive gains.
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