Ansem: Currently No Long Position in ZEC; A Break Above $750 Could Trigger a Strong Rally

Odaily reports that Ansem posted on X platform, stating that he has set a price alert for Zcash (ZEC) around $750. Ansem noted that the price of ZEC has been in a consolidation phase for nearly the past year. If it subsequently breaks the previous high and reaches a new high, the next phase of the current upward trend could be very strong.

However, Ansem stated that he currently does not hold a long position in ZEC but believes that if the price eventually breaks through the key resistance level, it could be a mistake for investors not to position themselves in advance.