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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
💬 Stay clear-headed in a bull market, calm in a bear market.
Share your trading journey | Discuss strategies | Grow with the Gate Family
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🥇 1st Prize (1 winners): 40 PI - 🚀 Gate Square Creator Certification Incentive Program Is Live!
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#BTC
DASH vs ZEC: A Harmonious, Not Repetitive, Privacy Rise
Dash is testing the same seven-year downtrend that Zcash broke weeks ago, and if history is correct, this breakout could rewrite the privacy coin's chart.
DASH vs Zcash: Reading the Pattern Behind the Privacy Rise
Privacy coins don't move much, but when they do, they move with power. Over the past month, Dash (DASH) has surged nearly 385%, retracing the same path Zcash (ZEC) broke weeks ago. Both share a Bitcoin database origin and a long history of mergers that test everyone's patience.
Look closely, and you'll see something familiar.
Dash's weekly chart now mirrors Zcash's pre-breakout structure in September: a seven-year downtrend channel that squeezed toward the same upper resistance zone near $98-$100. Zcash broke through that ceiling, surging from around $60 to $390. Dash is now consolidating at this edge.
The problem: Similarity does not guarantee symmetry.
Technical Analysis: Zcash's breakout was smooth, with ZEC flipping its 200-week exponential moving average and two Fibonacci retracement levels into support within weeks. This move wasn't just price momentum; it was a complete structural reversal after years of pressure. The Relative Strength Index (RSI) remained elevated, above 70.
#ZEC #SOL