After a nice rally from 3k to 14k, it would be reasonable to correct more to the downside. Versy strong resistance previously was seen near $7.5k, where 50 Moving Average was rejected. This could be the current downside target where currection is expected to end. After that consolidation might take place. although 7k are would be extremely attractive for buyers.
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I am "ALL IN" zCash for long term.
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I've opened a telegram channel and started a twitter account to share news/updates/rumors and my experience with privacy coins in general and ZCash in particular.
t.me/coinprivacy
twitter.com/coinprivacy