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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

$1.611

-0.19%

$1.611

-0.19%

(24s)

24h Volume

$47,659,009.37

24h H/L

$1.629 / $1.585

Change: $0.0440 (2.78%)

Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data

NEAR

Daily

$1.609

▲ 0.37%

Volume (24h): -

Resistance Levels

Resistance 3$1.7908

Resistance 2$1.6654

Resistance 1$1.6105

Price$1.609

Support 1$1.6057

Support 2$1.5449

Support 3$1.469

Pivot (PP):$1.6057

Trend:Sideways

RSI (14):38.0

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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