Zcash may see ‘violent end’ as ZEC price rallies 1,500% in just two months
ZEC has reached its most overbought reading on record, increasing the risk of a sharp 60% or more correction in the coming weeks.
Key takeaways:
ZEC is extremely overbought on the charts, risking a correction in the coming weeks.
Zcash can still rally toward $900–$1,000 if the parabolic advance holds.