After peaking at a parabolic price of 300, ZECASH has been on a weighty downtrend for eons -- trimming down it's valuation every single month and coming back to ground to almost 10x from its peak.
Now, based on recent long term data metrics, ZEC is finally shifting massively after 2.5 years! That's a long wait! This shift is massive -- it's happening for a good reason.
As seen on diagram, we are seeing a bear clearance based on long term metrics. Bear dissolvement has been spotted this month, August -- for the first time in ages.
Net buying activity has surge exponentially from the current range signifying renewed interest, and buyers positioning on the enormous growth prospect of the coin.
The RR ratio of ZEC is too attractive to be missed at 8-10x.
The current bargain range is an ideal seeding area.
One of the few coins which boast a juicy RR from this corrective season.
Spotted at 40.0
Interim target at 120.0
Long term at 300.
TAYOR.