A look back at our successful trading analysis of Zcash

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This month we picked up Zcash as one of the top interesting cryptocurrencies from trading point of view. After months of consolidation, Zcash had given a breakout.

We first covered it on Dec 7 at around $320 levels as our top pick for good returns:



Soon after that Zcash crossed $400 on December 13, we had been bullish with $500 as the next target price:


Later during the same day, Zcash hit $500:



On December 17, we had posted a possible rally to $700 which was achieved as well with Zcash making a high of $720+:


After the brief profit booking phase in the Crypto market, all major currencies including Bitcoin, Ethereum, Litecoin, Monero, Dash and Zcash have corrected by 25-30%. Now, the recovery is happening and Zcash is trading comfortably above $550 level. The next rally is expected to take Zcash to a new high and we might be seeing a level of $1000 soon.

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