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The chart shows a clear breakout from the recent consolidation zone with a nice series of green candles pushing through resistance. Volume has picked up during this move which adds confidence to the uptrend. We hit a high of 405 today and if we can hold above 390 support it could test that upper band again.
Longer term the one year performance is insane at over 1000 percent so this feels like part of a bigger cycle. Short term though watch for possible pullback to the middle Bollinger around 373 or the rising yellow trend line if sellers step in. Overall the structure remains positive as long as we stay above the recent lows near 374. Interesting setup for ZEC holders.