Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
🚨 #PrivacyCoinsDiverge
ZEC & XMR Pull Back, DASH Surges — Trend or Reversal?
The privacy coin market is moving in different directions today:
🔻 Zcash (ZEC) & Monero (XMR) are pulling back — short-term profit-taking and broader risk-off sentiment at play.
🚀 Dash (DASH) is up 10%+, bucking the trend as traders eye a potential breakout.
Why DASH is Surging:
1️⃣ Short Squeeze Potential – “Short DASH” calls may trigger short-covering rallies.
2️⃣ Momentum Shift – Strong relative strength vs other privacy coins attracts buyers.
3️⃣ Technical Triggers – Recently broke resistance ~$65–$68, fueling more buying.
ZEC & XMR Pullback:
ZEC: Retreating after highs; key support $75–$77
XMR: Testing $495–$500 support; a break below may invite more selling
⚡ These pullbacks may be healthy consolidation, not trend reversal.
Key Levels to Watch:
DASH: $65 / $72 / $75
XMR: $495 / $520 / $540
ZEC: $75 / $80 / $83
Trading & Risk Strategy:
✅ DASH bulls: Watch volume above resistance — momentum could continue if short-covering accelerates.
✅ ZEC/XMR traders: Wait for support confirmation; avoid chasing dips.
⚠️ Risk Management: Tight stops advised due to volatility.
Conclusion:
DASH rally = market mechanics (short-covering + momentum), not fundamentals.
ZEC & XMR = consolidating, potential buy zones if support holds.
❓ Community Question:
Would you ride DASH’s momentum or accumulate ZEC/XMR on these pullbacks? Which privacy coin is your pick for the next 1–2 weeks?