Zcash (ZEC) has entered a pivotal technical phase after surrendering part of its strong July rally, with the cryptocurrency now testing key moving-average support that could determine its next major move. At the time of writing, ZEC is trading near $457, down from its recent local high of around $580. Despite the correction, the broader recovery trend remains intact as long as buyers continue to defend the current support zone. The recent decline has pushed ZEC back toward a crucial technical confluence, with the 50-day moving average sitting near $461 and the 100-day moving average around… Read more
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