Ansem: Currently not holding a long position in ZEC, a breakout above $750 could trigger a strong upward trend

Odaily Planet Daily reported that Ansem posted on platform X, stating that he has set a price alert for Zcash (ZEC) near $750. Ansem pointed out that the price of ZEC has been in a sideways consolidation phase for nearly the past year. If it subsequently breaks through its previous high and reaches a new all-time high, the next stage of the current upward trend could be very strong.

However, Ansem said that he is currently not holding a long position in ZEC, but believes that if the price eventually breaks through the key resistance level, investors who do not position themselves in advance could be making a mistake.