Group 1 - Monero (XMR) has surpassed $650 and continues to rise as traders shift away from Zcash due to internal governance disputes, indicating a significant rotation within the privacy-coin market [1] - XMR reached approximately $670 in the last 24 hours and about $579 during the early Asian session on January 12, maintaining a long-term rising trend since 2020 [1][2] - The price of Monero has encountered strong resistance near $600, suggesting a cooling momentum after a rapid rally, but the overall trend remains positive as long as it stays above the rising support zone around $300 [2] Group 2 - Zcash (ZEC) is experiencing pressure from governance disputes and control over key ecosystem assets, leading analysts to label it as "the portfolio killer" [3] - ZEC has faced heavy resistance between $470 and $500, aligning with key Fibonacci levels, resulting in a pullback after a strong rally earlier this month [3][4] - The price of ZEC has broken below the lower edge of its rising channel, indicating that sellers are currently in control, and the market is likely to see a deeper retracement rather than a quick recovery [4] Group 3 - Attention has shifted to the $300–$320 zone for Zcash, which represents prior support and the base of a larger move; a bullish reaction at this level could signal a potential upward trend [5] - The conflict within Zcash governance arose during discussions about outside funding and the potential privatization of Zashi, a self-custodial wallet for private transactions, with the Electric Coin Company (ECC) stating that recent governance changes hindered its operations [6]