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Zcash drops ~4% in minutes — watch for continuation

I see strong market movement in Zcash over the last 5–15 minutes: the price fell from $38.36 to $36.76, a roughly 4% drop.

I would not chase a buy right now — this looks like intraday volatility that needs confirmation whether it will continue or reverse.

I am monitoring volume and nearby support around $36–37 and will act only after a clear sign of stabilization or a confirmed breakdown.

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Analysis

A 4% decline within 5–15 minutes is a sharp intraday move suggesting elevated volatility or a short-term sell impulse. Without confirming volume or wider market context, this could be either a transie...

Recommendation

Watch the market rather than entering now. Avoid new long positions until price stabilizes or shows a reliable reversal; if already long, consider tightening stops or reducing exposure to limit downsi...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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