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Ansem: Currently I do not hold ZEC long positions. If it breaks through $750 or starts a strong rally
Odaily Planet Daily reports that Ansem posted on X stating that he has set a price alert for Zcash (ZEC) at around $750. Ansem noted that the ZEC price has been trading sideways for nearly the past year, and that if it subsequently breaks above the previous high and makes a new high, the next phase of this upward trend could be very strong.
However, Ansem said that he currently does not hold any long position in ZEC, but believes that if the price ultimately breaks through a key resistance level, investors who did not position themselves in advance may make a mistake.