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- MC:$3.61KHolders:20.00%
- MC:$3.78KHolders:30.79%
- MC:$3.84KHolders:420.04%
- MC:$3.77KHolders:20.00%
- MC:$3.82KHolders:40.62%
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The ZEC market seems like it can't hold on much longer.
The key now is whether the 420 defense line can hold. If it fails, and the M-head pattern is confirmed, going straight to 300 is not impossible.
Remember not long ago there were a bunch of people claiming that ZEC could surpass BTC? Now they must all be silent, probably standing guard on the mountaintop. That's how the market is; when it goes up, all kinds of characters come out, but when it drops, they all disappear faster than anyone.
Technically speaking, if 420 really breaks, we may have to prepare for a deep correction in the short term.