Browse Symbol Stacks: $ZEC: slopechart_$ZEC.jpg

slopechart_$ZEC.jpg

Filed Under: Crypto Oddities 2025 

Zcash, zoomed in way more than I usually care to. 

There are so many cryptos that I am unable to keep track of what the hell is going on. The recent price action on this wacky thing caught my attention so I engaged an A.I. program to get me up to speed. 

TL:DR A few apparently highly intelligent individuals decided Bitcoin sucks, and wanted to birth a truly anonymous and untraceable equivalent. They used the original Bitcoin code and modified it to their standards. The recent price action (opinion) is based on lunatic speculation, (a key feature of many crypto projects) and a recent halving. (one of Bitcoin's features that made it into the final product) 

From a charting perspective I had a fun time trying to put a channel on this thing, and depending what anchors you picked, maybe it is still in the channel, and maybe it isn't. 

Also, double top-ish. 

For whatever reason it has managed to buck the recent trainwreck called crypto. 

For now anyway.

Image added via SlopeCharts
slopechart_$ZEC.jpg

Comments

sandunessandunes
 
 
Alternative channel
11/15/25
sandunessandunes
Addendum: Zcash publicly launched on October 28, 2016. Two halvings have been executed so far: the first on November 18, 2020, and the second on November 23, 2024. 11/15/25
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