Ascending Triangle Breakout For ZCashDec 8 Private Post-
With privacy continuing to erode globally at an alarming rate we will continue to see an influx of capital allocated to assets like Zcash, Roger Ver & other OG Crypto investors will Ape into privacy coins due to an alarming enforcement.
Zcash is showing multiple bullish indicators.
The Williams alligator is trending upwards in a bullish fashion, the bands are widening to the upside and the price is bouncing off the bands displaying strong support to the upside at the upward sloping support of the pattern.
We could see a retrace to the blue band of the Williams alligator at approximately $52 USD.
But why penny pinch, $370 USD incoming in 2025, Alt season hasn't even started yet and Zcash is going to go from an Alt coin to one of the main cryptos due to privacy features.
Zcash has tested the upward sloping support of the ascending triangle over half a dozen times and each time the price increases to create a micro higher high & lower low.