Zcoin is currently one of my favorite coins right now because I believe in the project and the fundamentals are stable. A large amount of the coins are locked in nodes. 40% last time I checked, the demand is high, and currently it is just waiting to bounce off support at 61.8% fib level. Now you might ask, why does it have to go to that fib level? It doesnt, but a large reason as to why it can, is because many people look for the best entry and will enter there, then if they dont get filled they will market order into it. This will cause a push up back to 650-700k.
Here is a link on what will be going on fundamentally with zcoin in the short term: https://www.reddit.com/r/zcoin/comments/...
Support on 61.8% Fib Level: 560k Sats
support: 560k+ Sats
Entry: 560-600k Sats
Target: 1.1-1.15mill Sats
Possible Profit: 92+% at previous high
This could go much higher, but for now we are just looking in short term persepective.