ZEC: Grayscale Flags Zcash as Next Bitcoin Play
Grayscale's Krista Lynch tells Bloomberg ZEC is next big crypto investment after Bitcoin at $801.13 with neutral RSI 52.93 on 4h chart.
SourceAnalysis
Grayscale Head of Capital Markets Krista Lynch told Bloomberg that ZEC stands as the next major crypto investment after Bitcoin.
Price sits at $801.13 inside a bullish trend with the EMA50 at $751.44 acting as immediate support and the EMA200 at $611.02 anchoring the longer move. With ZEC testing upper Bollinger resistance at $841.12 while RSI remains neutral at 52.93, a healthy retracement toward the 50-EMA support at $751.44 appears probable before continuation higher despite the MACD death cross at 6.63. Institutional crypto adoption narratives and fresh ZEC price prediction models now factor this exact confluence into positioning ahead of potential privacy coin resurgence flows.
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