ZEC has just broken through the upper edge of the bullish demand zone on the 4-hour chart. This is very clear on the footprint chart—there are obvious signs of accumulation, and buying power is continuously strengthening.

This price action is worthy of this veteran privacy coin. The question now is, can it surge to the key level of 400 in the next day or two? Let’s wait and see.

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OnchainHolmes

· 16h ago

Is the footprint chart that obvious? How come I didn't notice it? I need to watch it again.

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RektButStillHere

· 16h ago

The footprint chart really doesn't lie, this ZEC move is pretty interesting. --- It's an old privacy coin, time for it to take off haha. --- If you can get in at 400, you'll make a killing. --- The accumulation signs are so obvious, why not go all in? I don't get it. --- ZEC is making moves again, let's see if it can break out.

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WalletManager

· 16h ago

Yeah, the accumulation in the footprint chart is indeed interesting, but I think 400 is a bit uncertain—it depends on how the private key holders' chips are distributed. Those who store ZEC in multisig wallets are true believers. If this level can't be broken through, we'll have to reassess the risk factor. On-chain data is the real truth; candlestick charts are just for show. Just hold on to that point.

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