Regarding the recent developments of privacy coin ZEC, there are some observations worth discussing.
From the project side, ECC has launched a new wallet and email registration feature. On the surface, it appears to be an expansion of the ecosystem, but the actual implication is quite straightforward—project teams are focusing on user growth and traffic monetization. This is not a technological faith upgrade; instead, it reflects that Zcash is gradually evolving from an "idealist privacy coin" into a "startup product." When a project's core goal shifts from technological innovation to user growth, it often signals something significant behind the change.
On the technical side, the data is more interesting. ZEC opened today at 488, once surged to 500, and finally closed at 444, with a volatility of 4.23%—a considerable fluctuation. The current price is around 444. The nearest resistance level above is at 480, and further up is the high-pressure zone at 531. Looking downward, 438 is a key level; a break below could directly target 386, and in extreme cases, even reach the bottom support at 318.
Regarding the MACD indicator, the white-yellow line is still hovering below the zero axis, which warrants continued observation. The short-term price performance within this range will be quite critical.
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MeaninglessApe
· 14h ago
ZEC's recent moves are a bit awkward, going from idealism to startup product, it feels like they've sold out their original intention.
444 is indeed a good price to watch; only a break below 438 would be truly dangerous.
Email registration? Is this to attract retail investors to get a cut?
MACD is still fluctuating below, not showing any signs in the short term.
The privacy coin race is getting more intense; with Zcash doing this, it's hard to say how long they can hold up.
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SleepTrader
· 23h ago
Hey, ZEC has gone from idealism to a startup product, which is a bit ironic.
ECC's approach is really just about traffic monetization—email registration, new wallets... no matter how nicely it's packaged, the essence doesn't change.
Position 444 is indeed awkward; once 438 below breaks, it gets troublesome. I think there's not much hope in the short term.
MACD is still oscillating below, which is the real problem. When will the white and yellow lines go up to make a difference?
The privacy coin story can't go on anymore. Now it's just a matter of who can survive the longest.
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ZKSherlock
· 01-09 09:55
actually... email registration on a privacy coin wallet? that's sorta hilarious, no? the whole zero-knowledge cryptographic architecture gets undermined the moment you're handing over identity vectors to their servers. have they thought through the trust assumptions here, or...
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GovernancePretender
· 01-09 09:51
Oops, ZEC is starting to perform again. I've seen this routine of going from idealism to startup product many times.
488 to 444, this wave of volatility is really not gentle. We still have to keep an eye on MACD.
The project team just asking for email registration to attract people? That's a bit of an old trick.
Will breaking below 438 really drop straight to 318? The stakes are getting pretty high now.
By the way, ECC's set of operations feels a bit panicked.
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DaoTherapy
· 01-09 09:50
ZEC this wave is indeed changing flavor, from idealistic players to entrepreneurial faces, a bit nostalgic.
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TokenToaster
· 01-09 09:44
zec this wave has fallen from idealism to a startup product, honestly, it's just because there's no money left, starting the leek-cutting mode
444 is really uncomfortable at this position, going down means 386, I bet it will break
Email registration? Laughing out loud, isn't this just to cut new leeks?
MACD is still hovering in the lower axis, short-term bearish everyone
The story of privacy coins is over, now only sentimental selling remains, sigh
Below 444 really can't hold, feels like it will go to 386
From faith to realization, this is the fate of web3, an inescapable cycle
4.23% fluctuation? That's not enough to watch, wait for it to break 438
Regarding the recent developments of privacy coin ZEC, there are some observations worth discussing.
From the project side, ECC has launched a new wallet and email registration feature. On the surface, it appears to be an expansion of the ecosystem, but the actual implication is quite straightforward—project teams are focusing on user growth and traffic monetization. This is not a technological faith upgrade; instead, it reflects that Zcash is gradually evolving from an "idealist privacy coin" into a "startup product." When a project's core goal shifts from technological innovation to user growth, it often signals something significant behind the change.
On the technical side, the data is more interesting. ZEC opened today at 488, once surged to 500, and finally closed at 444, with a volatility of 4.23%—a considerable fluctuation. The current price is around 444. The nearest resistance level above is at 480, and further up is the high-pressure zone at 531. Looking downward, 438 is a key level; a break below could directly target 386, and in extreme cases, even reach the bottom support at 318.
Regarding the MACD indicator, the white-yellow line is still hovering below the zero axis, which warrants continued observation. The short-term price performance within this range will be quite critical.