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Zcash is 'running its own bull market' as ZEC price paints 88% rally setup

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 32 Views

Zcash is 'running its own bull market' as ZEC price paints 88% rally setup

ZEC has jumped 18% in three days as privacy coins rally, defying a 3.45% drop across the wider crypto market.

Privacy coin Zcash (ZEC) is flashing a classic bullish reversal pattern that could push its price above $1,000 in the coming weeks.

Key takeaways:

The ZEC/USD pair appears to have formed a cup-and-handle (C&H) pattern, marked by a rounded recovery phase followed by a downward-sloping consolidation.

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