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Zcash price rebounds 9% ahead of NU7 as traders eye $1,370

Zcash price rebounds 9% ahead of NU7 as traders eye $1,370

Photo: crypto.news

Zcash has climbed roughly 9% to $1,310 on Nov. 4, recovering ahead of its NU7 network upgrade as traders watch whether ZEC can break through $1,370. ZEC has returned to the top 10 cryptocurrencies after recovering above $1,300. Jesse Olson identifies support and a pending daily buy signal, while Ardi watches $1,370. NU7 targets 25-second blocks, with activation expected around Nov. 5 at block 3,543,405. Zcash Community Grants has withdrawn its proposal to redirect approximately 98,000 ZEC toward mining rewards.

Source: crypto.news

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