What you need to know
What is the price target for ZCash in 2019?
In the next few days, a rally up to $885 or $1,036 is possible.
What does this mean?
For investors who plan to invest for a long time, it’s too late.
ZCash [ZEC] It recovered beautifully from its recent retracement of $424. The peak of this retracement was 43.42% and it extended from $750 down to $424.35.
Bulls are ready to drive uptrend and bid for only five days.
But since 7th November this year, Bitcoin [BTC] The number of people who are able to work has decreased by 8 %. In this time, ZEC The price of the product has dropped by 8,98%.
Do you think now is the right time to purchase or sell ZCash? The recent retracement, and subsequent recovery was a sign that bullish strength.
The ZCash dilemma — buy, sell, or hold?
TradingView – ZEC/USDT
The daily timeframe has seen a divergence of price from momentum (white). A retracement in the price could be expected over the next few days. Prices may even return to $500.
Divergence increased volatility risks in coming days. When we zoom out, however, it becomes clear that ZEC’s time for purchase is long gone. It is now the right time to sell ZEC.
The risk is currently too high to justify the potential reward. ZEC could still reach up to $1,030 and $880 if it continues the privacy narrative, but downside risk is significant.
TradingView: ZEC/USDT
ZEC began to form a weekly bullish structure in mid-2024 after an increase above $35.59 during the first week in August. By the end of the year 2024, $47 was breached.
In the second half of 2025, the retracement saw the retesting of the $30 demand zone. This was marked with cyan. Technical clues to buy ZCash were the bullish shift in structure and the break-out past an important resistance level.
In September, the privacy story began to take hold. It gained momentum in October. The combination of technical and narrative strength sent prices skyrocketing.
Investors should instead do research to find tokens that have a strong narrative or compelling use case, using ZEC as a reference.
It is not a post on XBitwise Asset Management CEO Hunter Horsely Crypto Twitter users were asked to explain their reasons for favoring Bitcoin and against ZCash.only Bitcoin“.
The critics have pointed out the following: nothing fundamental has changed ZCash has been the subject of much discussion in recent months. It was driven not by a fundamental paradigm shift but rather, by a combination of hype, fear of missing out (FOMO) and an incredibly strong privacy thesis.
The risks are high and the rewards relatively modest for newcomers to ZCash. It is better to look for alternative tokens that have broken key resistances or are returning to demand zones.
Disclaimer: This information is not intended to be a financial, trading or investment advice. It represents the sole opinion of the author.
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Source: ambcrypto.com
