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Technical analysis by foreignMeerkat66130 about Symbol ZEC: Buy recommendation (3/28/2023)

https://sahmeto.com/message/2746861
foreignMeerkat66130
foreignMeerkat66130
Rank: 3832
1.9
Buy،Technical،foreignMeerkat66130

I think that we bottomed out here. The price is at COVID levels (especially looking at it inflation adjusted) and there have been technological improvements in the meantime.Target ~44$ on May 1st 2023- ZEC is providing shielded transactions per default (swiss bank account in your pocket)- UHNWI will flock into ZEC once they understand the difference between ZEC and BTC -> will REMAIN a niche coin imho which is not necessairly bad- ZEC halving in 53 days- Some wallets are complete shit and not user friendly... but I hope this changes soon- ZEC/BTC ratio was 4.43448 in 2016- FedNow Launch in July will make some peeps paranoid about transaction surveillance -> will lead to a influx of retail investors in the privacy coins-spacegrayscale.com/wp-content/uploads/2021/01/grayscale-zcash-investment-thesis-january-2018-1.pdf((Ascending traingle chart pattern))be patient and HODL

Translated from: English
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Signal Type: Buy
Time Frame:
2 ساعت
Price at Publish Time:
$36.92
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