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TechFlow news, on July 19, trader Ansem stated that Zcash has been trading sideways in the relevant range for nearly a year, and set 750 as a key level to watch. He believes that if the price breaks out upwards and reaches a new high, the next phase of the rally in the current trend could be relatively rapid. Although he does not currently hold long positions, he believes that failing to position after the breakout is confirmed could be a judgment error.
Trader Ansem stated that Zcash has been consolidating within the relevant range for nearly a year, identifying 750 as a key level to watch. He believes that if the price breaks out upward and sets a new high, the next phase of gains in the current trend could be quite rapid. Although he does not currently hold long positions, he believes that failing to allocate after the breakout is confirmed could be a mistake.
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