Zcoin (XZC) touching $12 for third time this week with 23% weekly increase
As reported four days ago, Zcoin appears to be setting up short-term support at $10, which I'd previously suggested could be too high to get in on, instead advising the safer bet of $7.50.
Unfortunately, for anyone waiting at the sidelines for a lower dip, XZC only reached $9 last week, implying that that ship might of sailed already, as it did spectacularly on September 19th by reaching the popular $12.50 level within 48 hours.
A broader look at ZCoin's volatile protectory, tells us that the short-term target of $15 is looking increasing possible, with the longer-term target of $20 still to play for. As XZC positions itself in the centre of a triangle based on 5 week supporting trend vs a 3 month resistance trend, it's recent weekly gain has given it the extra advantage to break out soon.
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