Zcash leads US–Iran ceasefire rally with 30% gains: ZEC price bull trap?

ZEC's latest rebound resembled bounces witnessed during the 2021 bear market, raising the odds of a 40% correction in the coming weeks.

Zcash (ZEC) rallied after President Donald Trump announced a two-week ceasefire deal with Iran, leading gains in a broader relief rally across global risk markets.

Key takeaways:

A 2021-style fractal warns ZEC price could fall 40% in the coming weeks.

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