Coin Circle Liying: On November 20, the giant bullish candle of Zcash (ZEC) shocked the market! The bullish engulfing pattern ignited a frenzy among bulls. What will you choose? Latest market analysis and operational advice explained.

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4 hours ago

Cryptocurrency Market Analysis: Latest Trends for Zcash (ZEC)

Article Published on 2025.11.20—00:30

Before publication, the current price of Zcash is 609. The analysis indicates that ZEC is in a 2-hour upward trend, with strong momentum support shown in the technical indicators. The moving average system has formed a bullish arrangement, accompanied by a golden cross signal, further confirming the bullish market pattern. The candlestick pattern has shown a bullish engulfing pattern, which enhances the likelihood of further price increases in the short term. Key support levels are solid, and the market is expected to test the strong resistance level above at 426.

A quick rebound from the low of 545 has formed a large bullish candlestick with high-level consolidation. The highest price of 650 failed to break through the previous swing high of 654.9, indicating strong resistance. The bearish strength of MACD is weakening, showing signs of a potential reversal. The EMA is bullish in the short term, but medium to long-term trends still need observation. The analysis suggests that the main players are creating a fog of uncertainty at this position. At this time, it is advised to watch more and act less, prioritizing safety, and to wait for signals before entering the market.

Today's Price Predictions

Long Entry at 605, add long at 590, stop at 585, target 660

Short Entry at 650, add short at 660, stop at 665, target 590

The above analysis is based on market data and trend analysis and does not constitute investment advice. It is for reference only. It is hoped that it can help others with dreams find their place in this volatile market and embark on their own successful journey.

The content of this article is time-sensitive and for reference only; risks are to be borne by the reader.

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