Zcash may see ‘violent end’ as ZEC price rallies 1500% 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.

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