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7.21 Today Analysis:
ZEC Today Market:
ZEC’s recent ↑ uptrend is mainly driven by news. On one hand, the development team has successfully fixed a major network spoofing vulnerability, restoring investors’ confidence; on the other hand, the highly anticipated Ironwood network security upgrade is about to be rolled out, drawing significant attention from liquidity. The technical side has made a strong breakthrough: the price has firmly moved above key moving averages such as the 20-day, 50-day, and 200-day lines, establishing a solid ↑ trend. Momentum indicators like MACD and RSI have both issued buy signals, showing that the bulls are firmly in control of the market.
ZEC: 550-540 into the range, target 525-500#BTC