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After Validating Support, ZEC Looks Primed for Continuation
In brief
ZEC has reclaimed the $73.5 area as support. The next resistance area is found at $115.
ZEC has broken out from a descending resistance line
ZEC/BTC has broken out from a 777 day resistance line.
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The Zcash (ZEC) price has broken out from an important resistance area and validated it as support afterward. The price should continue moving upwards and create a new yearly high. Long-Term Movement The weekly chart shows that ZEC has broken out above the $77.50 resistance area and validated it as support afterward, creating numerous long lower wicks. The same area acted as the top
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