#Zcash (ZZEC) / USDT Technical Analysis
The price has broken out of a descending wedge pattern, signaling the start of a bullish reversal. After bouncing off the Fibonacci 0.618 retracement level, ZEC is poised to test its first resistance at $66.87. A successful break above this level could lead to further gains toward $76.36 and ultimately $84.27.
The price has broken out of a descending wedge pattern, signaling the start of a bullish reversal. After bouncing off the Fibonacci 0.618 retracement level, ZEC is poised to test its first resistance at $66.87. A successful break above this level could lead to further gains toward $76.36 and ultimately $84.27.
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