The popularity of privacy technology seems to be on the rise again. Zero Knowledge Proof is attracting institutional attention, and the prices of Hedera and Zcash are currently in a consolidation phase, but the story behind them is not simple. Especially since ZEC has been included in a major asset management institution's digital asset ETF plan, this move sends a clear signal—the market position of privacy assets is being reevaluated.
Let's look at ZEC's current trend. The price is around $512.20, showing a pattern of oscillation and accumulation. From a technical perspective, the RSI indicator is at 45.9, indicating a neutral position, suggesting that bulls and bears are still in a tug-of-war. The support level is set at $496.83, with resistance above at $527.57, and the key breakout level in the middle is $522.44. Within this price range, bulls and bears are competing, but with institutional involvement, the bulls clearly have the upper hand.
Based on this situation, you might consider the following: initially allocate a bottom position around $512, controlling the position size at 20%. Once the price breaks above the key level of $522.44, consider increasing the position to 40%. Set the stop-loss at the support level of $496.83, and exit if broken. The target is the resistance at $527.57; after breaking through, look further towards $550.
Is this logic clear? Feel free to share your thoughts.
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
4
Repost
Share
Comment
0/400
BugBountyHunter
· 11h ago
Are institutions really coming? ZEC seems promising this time; whether the 522 level breaks will determine life or death.
---
Privacy coins are starting to bounce again. It looks like the market is truly reshuffling.
---
Enter at $512? Or wait and see. Feels like $512 is a bit high.
---
NGL, ZEC's recent momentum seems like it's about to rise. Institutional backing still works wonders.
---
Close all positions if it breaks below 496. This stop-loss is quite rational.
---
Is 550 just a dream or real? Bro, your target is a bit optimistic.
---
Privacy technology has been hot for years. Why hasn't ZEC exploded yet? Is it a technical issue or regulation?
---
Try a 20% core position first. This approach is pretty good.
---
Wait for $522 to break before entering. Chasing high now doesn't feel reliable.
View OriginalReply0
GasGuzzler
· 01-02 10:50
Institutional entry does have some substance, but can this wave of privacy coins really take off? It feels like it's always said the same way each time.
Buy in again at ZEC break of 522, be more cautious.
Wait, is ETF inclusion really confirmed? Don't let the good news be followed by a dip again.
View OriginalReply0
ImpermanentSage
· 01-02 10:45
ZEC this wave is indeed quite interesting; institutions accumulating privacy assets is no joke.
Institutions are optimistic about entering the market; the 512 level seems like a good entry point.
Breaking through 522 is the real signal; otherwise, it's just a false alarm.
Privacy coins are finally getting attention again; it was about time.
Honestly, I'm a bit conflicted about this price range; let's wait for a breakout.
Institutions are quite aggressive, directly bringing privacy assets back onto the agenda.
View OriginalReply0
HypotheticalLiquidator
· 01-02 10:40
Institutional entry sounds good, but daring to increase positions with an RSI of only 45.9? Come on, this is a typical sign of an artificially inflated healthy factor.
The popularity of privacy technology seems to be on the rise again. Zero Knowledge Proof is attracting institutional attention, and the prices of Hedera and Zcash are currently in a consolidation phase, but the story behind them is not simple. Especially since ZEC has been included in a major asset management institution's digital asset ETF plan, this move sends a clear signal—the market position of privacy assets is being reevaluated.
Let's look at ZEC's current trend. The price is around $512.20, showing a pattern of oscillation and accumulation. From a technical perspective, the RSI indicator is at 45.9, indicating a neutral position, suggesting that bulls and bears are still in a tug-of-war. The support level is set at $496.83, with resistance above at $527.57, and the key breakout level in the middle is $522.44. Within this price range, bulls and bears are competing, but with institutional involvement, the bulls clearly have the upper hand.
Based on this situation, you might consider the following: initially allocate a bottom position around $512, controlling the position size at 20%. Once the price breaks above the key level of $522.44, consider increasing the position to 40%. Set the stop-loss at the support level of $496.83, and exit if broken. The target is the resistance at $527.57; after breaking through, look further towards $550.
Is this logic clear? Feel free to share your thoughts.