Zcash on a recovery course: In the coming weeks, the privacy token will increase over $ 55?

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Zcash: Aktuelle Entwicklungen und Zukunftsaussichten In den letzten Wochen haben die Kryptomärkte erhebliche Schwankungen erlebt. Die Besorgnis über makroökonomische Einflüsse und Handelsbeziehungen führte dazu, dass Investoren ihre Strategien bezüglich risikobehafteter Anlagen überdachten. Dennoch befindet sich der auf Privatsphäre ausgerichtete Token Zcash in einer Phase der Erholung und konnte einen Teil seiner vorherigen Verluste wettmachen. Aufwärtstrend von Zcash Am Dienstag, dem 1. April, setzte Zcash seine Aufwärtsbewegung fort und stieg um 4,51 % auf 40,79 US-Dollar. Dies stellt einen Anstieg von fast 15 % im Vergleich zum Wochentief von 35,30 US-Dollar dar. Dieser Aufschwung half, einen Großteil der Verluste auszugleichen, die …
ZCash: Current developments and future prospects in the past few weeks, the cryptoma markets have experienced significant fluctuations. The concern about macroeconomic influences and trade relationships led investors to save their strategies regarding risky systems. Nevertheless, the token Zcash, which is aimed at privacy, is in a recovery phase and was able to make up for part of its previous losses. Zcash upward trend on Tuesday, April 1, Zcash continued his upward movement and rose by 4.51 % to $ 40.79. This represents an increase of almost 15 % compared to the weekly low of $ 35.30. This upswing helped compensate for a large part of the losses that ... (Symbolbild/KNAT)

Zcash: Current developments and future prospects

In the past few weeks, the cryptoma markets have experienced considerable fluctuations. The concern about macroeconomic influences and trade relationships led investors to save their strategies regarding risky systems. Nevertheless, the TOKEN ZCash, which is aimed at privacy, is in a recovery phase and was able to make up for part of its previous losses.

upward trend from zcash

on Tuesday, April 1, Zcash continued his upward movement and rose by 4.51 % to $ 40.79. This represents an increase of almost 15 % compared to the weekly low of $ 35.30. This upswing helped to compensate for a large part of the losses that the token had suffered at the beginning of the month when it fell to a low of $ 28.13

ZCash in particular broke the descending trend, which was manifested in December of last year after reaching the highest stalls. This resistance is currently around $ 35 that Zcash was able to break through last week. Analysts expect another upswing that aims at a price goal between the last highs and the breakthrough point.

Support at $ 30

The token has already bounced twice from the horizontal line at $ 30-once in early February and later in early March. This brand, which was previously considered a short -term resistance, has now served as support since the rally in the fourth quarter of last year. The price is now in the breakthrough area, which indicates that Zcash is preparing for a further increase.

The current short-term price target area for ZCash fluctuates around $ 55. However, the long -term development of the token will depend on several factors, including the macroeconomic overall situation and demand.

Future of Zcash and its challenges

privacy coins like ZCash are traditionally less volatile than other cryptocurrencies, but often also have lower upward potential. This is partly due to the regulatory challenges associated with tokens, the transactions disguise. For example, Zcash had difficulty listing on large exchange platforms. Okx has delistet zcash and Monero in December 2023 due to regulatory concerns.

Without access to large trading platforms, such tokens are dependent on a smaller circle of dealers. Nevertheless, your usefulness for a committed user base protects you from considerable price slumps. Therefore, a slow but constant increase in course for ZCash is expected in 2025, which could achieve the range of $ 60 to $ 75

FAZIT

ZCash currently shows signs of relaxation and could develop positively in the coming months despite the continuing challenges in the regulatory area. Investors should keep an eye on the further market development and macroeconomic factors in order to benefit optimally from the possible price increases.