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ZEC On-Chain Statistics Show Rise In Transactions Per Day: Analysis

The ZEC on-chain statistics show that there’s a rise in transactions per day and active addresses in the past few weeks but with the integration of Sapling, the shielded addresses are getting utilized by less than 20% of the transactions as we are reading further in the Zcash news. ZEV is a privacy-based fork of the BTC protocol ranked 33rd on the market cap table. Its market cap stands at $598 million with $98 million traded in the past day. The ZEC spot price went down by 94% from the all-time high that was set in January. A quick comparison…

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ZEC Pulls Back Of 20% In Less Than A Month: Price Analysis

ZEC pulls back from the gains of 20% as one of the top 30 altcoins on the global market and is now trading above $80, breaching the year-long resistance above $100 and $102. In our Zcash ZEC news, we are taking a closer look at the price analysis. Zcash has a massive market cap of more than $800 million and dipped by more than 20% in three weeks while it is now below $100 because of the volatile market. ZEC seems to be not so volatile on the 2-day charts with huge support from the 50-day and 200-day MA. Zcash…

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ZEC Faces Strong Pullback After Hitting $95: Price Analysis

ZEC Faces strong pullback after it hit the $95 price point while still being the most popular privacy-oriented cryptocurrency. Zcash has marked a huge growth after the massive crash in March and since then, the coin has been on a steady uptrend despite its volatility so let’s find out more in the upcoming Zcash latest news. If we take a look at the price trend over the past 30 days, ZEC persisted an upside trend but after hitting the $100 price mark, it cooled down its pace. It is now trading around $93 after facing the sharp pullback from $95.…

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Zcash Grows While Still Outperforming Larger Altcoins: Price Analysis

Zcash grows again by 12% percent still outperforming larger coins including Bitcoin which is why analysts believe that the coin will keep on going up, surpassing strong resistances so let’s find out more in the Zcash latest news. There are a few other fundamental reasons for these predictions such as the upcoming block reward halving. Bitcoin recently hit the $12,000 per coin after which the price got rejected to a lower $11,000 region. For that short time, it seemed as the price will settle but then it started increasing again. However, while BTC struggled to go up again, another crypto…

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Zcash Pushes Higher, Becoming The Best Performing Asset In A Day

Zcash pushes higher by 12%, outperforming bitcoin on a daily basis as it became the best-performing asset in the past 24-hours as we are reading more in the upcoming Zcash ZEC news. Zcash pushes higher, outperforming both Ethereum’s and Bitcoin’s gains. According to the analyst, ZEC was among the worst performers in 2018 during the bear market but they expect it to rally even higher. The analyst cited both technical and fundamental reasons for the optimism as ZCash could soon press higher in the upcoming days. One trader noted that the ZCash recent price action brought it above the pivotal…

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ZCash Nears Double Top Level, Trades At $62.5: Price Analysis

Zcash nears double top level as it was trading at $62.58 at the time of writing and with a bullish candlestick, the coin is about to hit $64. ZEC is facing a strong resistance however at the $65 level and it was at the onset of the previous week once the altcoin went back to its 5-month high above $64, as we are reading more in the Zcash news. Zcash similarly to IOTA is seeing some uptrend movement right after the huge sell-off in March without the consolidation period. However, just when the altcoins started relaxing towards the end of…

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