Zcash price eyes $560 resistance zone ahead of Nov. 24 OKX re-listing
NeutralCryptocurrency
- Zcash is currently trading at $536, having experienced a 3.2% decline in the last day, as traders anticipate its re-listing on the OKX exchange on November 24. The cryptocurrency is eyeing a resistance zone at $560, which could signal a potential upward movement in price.
- The upcoming re-listing on OKX is significant for Zcash, as it may enhance liquidity and attract more traders, potentially leading to increased price stability and growth. This event is closely monitored by investors looking for opportunities in the cryptocurrency market.
- The recent surge in Zcash's price, which has increased over 1,500% this year, reflects a growing interest in privacy-focused cryptocurrencies. This trend is further supported by substantial investments from firms like Cypherpunk Technologies, indicating a strategic shift towards privacy in the digital asset space.
— via World Pulse Now AI Editorial System
