Zcash (ZEC) is once again testing the key $500 price level after another volatile week, with traders closely watching whether the privacy-focused cryptocurrency can maintain its bullish market structure. Although ZEC has retreated from its recent peak near $580, technical indicators suggest the latest pullback may be a healthy correction rather than the beginning of a larger downtrend. The cryptocurrency remains above all of its major moving averages, reinforcing the strength of its long-term trend. The 50-day exponential moving average (EMA) sits near $476, while the 100-day and 200-day… Read more
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