Zcash: Polymarket Opens on Orchard Pool Exploit
Zcash Polymarket launches on Orchard pool exploit confirmation while ZEC trades at $376.83 with EMA50 resistance at $477.3.
SourceAnalysis
Polymarket opened a binary market asking if Zcash's Orchard pool stands confirmed exploited.
ZEC price sits at $376.83 inside Bollinger Bands bounded by $594.25 resistance and $228.82 support. The 4h chart shows price locked below both EMA50 at $477.3 and EMA200 at $502.42, locking in a bearish trend structure. MACD registers a bullish golden cross at -47.08 while RSI at 39.12 remains neutral, indicating momentum has not yet flipped. Traders watch for a test of upper-band resistance near $594 before any sustained recovery toward the 50-EMA confluence zone.
Polymarket
@PolymarketTrade politics, news, culture & tech.