Zcash: ⬆️ Buy
– Zcash rising inside impulse wave 3
– Likely to test resistance level 400.00
Zcash cryptocurrency earlier reversed up from the round support level 300.00 (which has been reversing the price from the start of October) intersecting with the 38.2% Fibonacci correction of the upward impulse from the middle of this month.
The upward reversal from the support level 300.00 continues the active impulse wave 3, which belongs to the intermediate impulse wave (5) from last month.
Given the strong daily uptrend, Zcash cryptocurrency can be expected to rise further toward the next round resistance level 400.00, target price for the completion of the active impulse wave (3).
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