Zcash recently experienced a significant price breakout, sparking interest among crypto enthusiasts. Meanwhile, Kaspa is drawing attention as its price is poised for a substantial increase.
Cryptocurrency prices have been largely flat over the past 24 hours, with bitcoin and ether showing slight gains. However, two coins that have attracted attention with their price moves are Zcash and Kaspa. Both tokens have seen a strong uptrend in recent times, and their prices are now positioned for a potential significant increase.
According to ChangeNOW, a service for fast and anonymous crypto swaps, transaction volumes for ZEC and KAS have surged. This uptick suggests keen investor interest and potential accumulation, hinting at future growth prospects.
Zcash Gains Momentum as Bulls Eye Higher Levels
Zcash (ZEC) has seen a notable rise recently, with its price climbing over 24% in the past month. Currently trading near $35, it is approaching the nearest resistance level at around $43. If the bullish momentum continues, Zcash could break this barrier and aim for the next target near $53.
Technical indicators like the MACD are showing positive signs, and the RSI suggests there’s still room for growth before reaching overbought territory. With a six-month increase of close to 60%, the trend appears strong. This favorable setup makes it an interesting time to consider adding Zcash to your portfolio, and platforms like ChangeNOW offer a seamless way to do so without registration or hidden fees.
Kaspa (KAS) Eyes Upward Move Amid Neutral Market Signals
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