The gray-scale position has increased by $46 million in $ZEC , and institutions still have a strong outlook on this long-established privacy coin.


From the 4-hour chart, ZEC has fallen from its high point and has been suppressed by a downward channel all the way down.
It is now around 317.78, just hitting a key support level, with small positive candles beginning to appear.
Holding around 317, combined with institutional funds, makes a rebound very likely.
Initial resistance is at 335-345, then higher levels are 360-370.
The stricter the regulation, the more valuable privacy coins become.
ZEC can be watched for medium to long-term opportunities.
ZEC4,81%
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