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via Cointelegraph · By Cointelegraph Staff

Zcash Eyes Another 40% Price Jump as US Hedge Fund Reveals 'Significant Position' in ZEC

NEAR

NEAR/USDT

$1.81

-7.89%

$1.81

-7.89%

(24s)

24h Volume

$383,309,986.22

24h H/L

$1.978 / $1.758

Change: $0.2200 (12.51%)

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data

NEAR

Daily

$1.802

▼ -1.80%

Volume (24h): -

Resistance Levels

Resistance 3$2.226

Resistance 2$2.0295

Resistance 1$1.877

Price$1.802

Support 1$1.7145

Support 2$1.548

Support 3$1.3522

Pivot (PP):$1.8007

Trend:Sideways

RSI (14):38.8

Cointelegraph Staff

(01:17 PM UTC)

1 min read

Approved bySarah Chen

1164 views

0 comments

Zcash (ZEC) has outperformed the broader crypto market over the past month, rising by over 125% compared to an average 15% gain for most coins.

ZEC/USD versus TOTAL crypto market cap 3o-day performance chart. Source: TradingView

The privacy-focused cryptocurrency may rally further in the coming weeks as a mix of bullish technical and fundamental catalysts converges.

Key takeaways:

US crypto hedge…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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