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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

$2.457

+12.60%

$2.457

+12.60%

(24s)

24h Volume

$645,808,629.61

24h H/L

$2.487 / $2.169

Change: $0.3180 (14.66%)

Funding Rate

+0.0046%

Longs pay

Data provided by COINOTAG DATALive data

NEAR

Daily

$2.403

▲ 9.63%

Volume (24h): -

Resistance Levels

Resistance 3$2.7555

Resistance 2$2.601

Resistance 1$2.487

Price$2.403

Support 1$2.3125

Support 2$2.147

Support 3$2.0255

Pivot (PP):$2.213

Trend:Uptrend

RSI (14):74.9

Cointelegraph Staff

(01:17 PM UTC)

1 min read

Approved bySarah Chen

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…

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Source

Cointelegraph Staff · Cointelegraph

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