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ZEC has seen a sharp move lower due a critical bug found this week, and it’s natural to feel frustration or disappointment after such volatility.
Stepping back, however, technical analysis on the weekly timeframe offers helpful clarity.
On this chart:
• The green circle marks the breakout that launched the uptrend last year.
• The white circles highlight successive lows and key support levels along the blue and yellow lines (including the current weekly low).
As long as price holds above the $188 level on the weekly chart, the broader uptrend structure remains intact.
What’s your view on ZEC right now?
#ZEC $ZEC #ZCash #Crypto