Recently, there has been a clear divergence in the privacy coin sector on the market.
ZEN has performed relatively well. The short-term momentum is decent, maintaining a oscillating pattern on the hourly chart, with bulls continuously looking for opportunities to push higher. If this wave can break through, it could test the 10 integer level upward, which is a target that cannot be ignored.
On the other hand, the days for ZEC and DASH are much tougher. Both coins belong to the privacy coin track, but their trends are completely different. The bearish force has been dominant, with the hourly chart continuously declining, and the market being pushed lower all the way. The operational advice for these two coins is to short on any rebounds, as rebounds present opportunities. But the premise is—until clear strong buying interest is observed, do not rush to buy the dip for long positions; the risk is not worth it.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
WhaleWatcher
· 13h ago
ZEN this wave can indeed hold up, it just depends on whether it can break 10. Feels like the opportunity is quite big.
View OriginalReply0
ThatsNotARugPull
· 15h ago
Can zen break through this wave... It feels a bit uncertain, bulls need to put in more effort.
zec and dash are really impressive, competing in the same track but creating two different market trends. With such fierce bears, I think I'll wait and see.
Don't rush to catch the bottom, that's a good point. The risk isn't worth this price.
View OriginalReply0
pumpamentalist
· 01-08 09:01
Zen really held up, the other two coins seem to be going down.
View OriginalReply0
TestnetNomad
· 01-08 08:53
ZEN this wave is quite interesting, the 10 integer level is definitely worth watching closely.
ZEC and DASH are in the same track but have different fates. With such fierce bears, I’m a bit afraid of bottom fishing.
The differentiation in privacy coins is quite intense; this is the market making its choice.
Shorting on rallies sounds simple, but can you really hold on? It’s easy to get smashed through.
If ZEN can really break the level, that would be great. Bulls, keep going.
ZEC looks pretty bad; let’s wait and see a bit longer.
View OriginalReply0
BrokenDAO
· 01-08 08:44
Privacy coins are falling apart; different projects in the same track have different fates... Essentially, it's still a game of liquidity and consensus. What keeps ZEN afloat? The stability of buy-in access. ZEC and DASH serve as cautionary examples; once the consensus mechanism breaks, even the best won't help.
Recently, there has been a clear divergence in the privacy coin sector on the market.
ZEN has performed relatively well. The short-term momentum is decent, maintaining a oscillating pattern on the hourly chart, with bulls continuously looking for opportunities to push higher. If this wave can break through, it could test the 10 integer level upward, which is a target that cannot be ignored.
On the other hand, the days for ZEC and DASH are much tougher. Both coins belong to the privacy coin track, but their trends are completely different. The bearish force has been dominant, with the hourly chart continuously declining, and the market being pushed lower all the way. The operational advice for these two coins is to short on any rebounds, as rebounds present opportunities. But the premise is—until clear strong buying interest is observed, do not rush to buy the dip for long positions; the risk is not worth it.