Zcash price plunged 24%, breaking several support levels and its EMA200, with analysts warning of further downside but noting that long-term charts and the privacy thesis remain intact. Zcash (ZEC) price declined 24% in a one-day pullback at the start…
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Editor’s Analysis
Zcash price crashes 24% as price loses key support levels continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit: Andrew Folkler
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