Privacy-Focused Zcash Tops Key Resistance Above $40 to Flash Bull Signal

Quick Summary:

The cryptocurrency had been trading in a narrow range since February, with resistance above $40 and support near $25.

In ZEC's case, the measured move method points to a rally toward $60.

This release of stored energy often results in a sharp, rapid move higher.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets: United StatesCuba

Topics: Technical Analysis Markets News ZEC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 06:46:49 (2 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 248 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28599010

View Article Analysis

About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions