Cryptocurrency Price Rally
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One Level Break Could Send the Zcash Price Above $1,000
Yahoo Finance· 2025-11-16 14:28
Core Insights - Zcash has experienced a significant price increase of nearly 21% over the past week, maintaining stability while other cryptocurrencies face challenges [1] - The potential for Zcash to reach $1,010 hinges on breaking through a critical resistance level at $748 [1][5] Price and Volume Analysis - On-Balance Volume (OBV) has been testing a descending trend line since November 7, indicating buying pressure is aligning with Zcash's price movements [2] - A breakout above $748 in Zcash's price, coupled with OBV surpassing its trend line, would provide strong confirmation of the rally [3][5] - The Chaikin Money Flow (CMF) is forming a symmetrical triangle, with a breakout above 0.14 signaling strong inflows from larger holders [4] Resistance and Support Levels - The immediate resistance level for Zcash is at $688, but the key level to watch is $748, which, if surpassed, could lead to a price target of $1,010 and potentially $1,332 [5][6] - A drop below $488 would weaken the current bullish structure and could lead to a decline towards $421, necessitating a rebuild of the price setup [6]
3AC Wallet Offloads 2.25 Million Worldcoin amid 100% WLD Price Rally
Yahoo Finance· 2025-09-09 09:42
Group 1 - Worldcoin (WLD) experienced a significant price surge of 54% on September 9, leading to a total weekly gain of over 121% [1][3] - Despite whale activity, including the sale of 2.25 million WLD tokens valued at $2.88 million from a liquidation wallet, the price rally continues [2][3] - The daily trading volume for WLD has increased by 300% to $3.6 billion, indicating strong bullish sentiment among traders [4] Group 2 - The WLD perpetual futures open interest rose by 54% to over $905 million, with 24-hour liquidations reaching $24 million, including more than $16 million in short liquidations [4] - Following a breakout past $1.60, analysts predict that Worldcoin's price could potentially reach $4.0, supported by strong whale activity [5] - Eightco Holdings announced a Worldcoin treasury strategy after raising $250 million, which contributed to the ongoing price rally [6][7]