Zcash Price Prediction: ZEC Leads Gainers With 7% Surge, But Experts Say Consider This Crypto Wallet Token Presale With 10X Potential

The Zcash price soared 7% in the last 24 hours to trade at $41.71 as of 7:25 a.m. EST as traders go long on the crypto.

Despite the recent gain, the ZEC price is still down more than 20% on the longer-term monthly time frame. 

Zcash Price Nears Resistance After Positive Sequence

Daily chart for ZEC/USD (Source: GeckoTerminal)

The Zcash price is nearing a resistance level at $41.10 following a positive 3-day sequence of higher highs, data from GeckoTerminal shows. Should the altcoin manage to rise above this mark, it could look to challenge a minor resistance at $46.35, before potentially rising to as high as $54.77 in the short term, if the bullish pressure continues.

That bullish scenario might not play out, however, if the Zcash price is rejected by the $41.10 resistance in the next 24 hours. In this alternative case, the crypto might end up retesting the support level at $35.84, which is the level it rebounded from just a couple of days ago.

Bulls Might Push The Zcash Price Higher Heading Into The Weekend

Looking at technical indicators on the daily chart, it seems ZEC’s bullish move is only just beginning. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest the Zcash price might rise some more over the next 24-48 hours.

In the last 48 hours, the MACD line crossed above the MACD Signal line. This bullish crossover is often seen as a confirmation that a crypto has entered a positive trend. Now, with the gap between the two lines growing, it appears the crypto’s bullish momentum is picking up steam. 

Buyers also appear to be growing stronger against sellers, which corroborates the bullish momentum shown by the MACD. In the last 48 hours, RSI readings have started to climb, a classic indication of strengthening buyer power. 

While the latest RSI reading is bearishly below the neutral 50 mark, the upward slope of the RSI line suggests there could soon be a confirmed bullish shift in power. 

As the Zcash price tries to keep climbing and nears resistance, investors are also buying into the presale for Best Wallet (BEST). According to the popular YouTube channel 99Bitcoins, which has over 725K subscribers, BEST has the potential to soar 10X after its launch.

A Wallet That Offers Crypto Investors All Of The Tools They Need

Best Wallet is a new crypto wallet app that is taking the crypto market by storm. This is because the app comes with a range of handy features that enable users to secure, grow and trade their crypto all from one platform. 

Those features include a native decentralized exchange (DEX), a token launchpad, a staking platform, and more. All of its features also come with support for over 60 blockchain networks and the thousands of cryptos that run on them. 

Users also have the option to import their wallets from across the Web3 ecosystem into the Best Wallet app, simplifying crypto portfolio management. Given the fact that Best Wallet is a non-custodial solution, users can rest assured that their private keys cannot be accessed through a centralized server.

Of all of the wallet’s features, its “Upcoming Tokens” section, which flags high potential cryptos that are still in their early stages, has attracted a lot of attention. This tool has already proven its knack for spotting crypto gems, and previously flagged Pepe Unchained (PEPU) and Catslap (SLAP). These meme coins delivered massive gains for early investors.

BEST holders also unlock additional perks, such as lower transaction fees, higher staking rewards, early access to new projects, and the ability to participate in Best Wallet’s governance.  

Best Wallet Presale Closes On $14 Million

Best Wallet has already raised more than $13.6 million through its ongoing presale, signaling strong investor confidence in the project’s future. With everything the wallet has to offer, it’s easy to see why an investor frenzy has erupted around the token’s ICO.

Interested investors can acquire BEST via the simple widget embedded on the project’s website. Selling for $0.025275, BEST can be bought with either crypto or bank card. Alternatively, BEST can also be purchased directly via the Best Wallet app.

Investors that want to lock in the best presale price will want to hurry, because BEST’s price will increase as the ICO progresses. The next price hike is scheduled to take place in around 9 hours. 

Check out BEST on its official website.

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