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via BeInCrypto · By BeInCrypto Editorial

Zcash Jumps 6%, But On-Chain Data Flashes a Warning

ZEC

ZEC/USDT

$448.54

-2.11%

$448.54

-2.11%

(24s)

24h Volume

$459,937,544.28

24h H/L

$466.93 / $446.50

Change: $20.43 (4.58%)

Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$454.78

▼ -1.61%

Volume (24h): -

Resistance Levels

Resistance 3$576.9058

Resistance 2$505.8302

Resistance 1$470.28

Price$454.78

Support 1$449.34

Support 2$422.0725

Support 3$392.0498

Pivot (PP):$457.71

Trend:Sideways

RSI (14):51.7

BeInCrypto Editorial

(10:27 AM UTC)

1 min read

Approved byMichael Roberts

548 views

0 comments

Zcash (ZEC) is trading near $432, up about 6% today but down roughly 30% over the past month following the Orchard pool bug. The headline news settled by June 6, but on-chain data shows the damage is still moving through the network.

A critical flaw in Zcash’s Orchard shielded pool, disclosed June 5 but proactively patched days earlier, drove the crash. With price stabilizing, the deeper story now…

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

BeInCrypto Editorial · BeInCrypto

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