ZEC Breaks $1,000 As Traders Eye the Next Move Toward $1,100
For about ten years, ZEC has just crossed 1000 dollars for the first time. This crypto briefly exceeded 1045 dollars on Friday, September 4, after a monthly increase close to 100%. Such a rally was supported by the launch of Grayscale’s Zcash ETF, demand for confidential transactions, and short position liquidations. However, the evolution of leverage and the high RSI level now amplify the risk of a sharp pullback.