Zcash breaks descending triangle, jumps 34%, analyst sets $440 target

Zcash breaks above triangle resistance. Analyst puts $440 target if breakout holds.

Analyst Ali Martinez says Zcash is breaking out of a descending triangle on the 1D chart. First mention: Zcash (ZEC).

He shared a chart with price closing above the upper trendline. In TA, such breakouts often signal continuation.

Martinez sets a $440 target from this move. Source: Ali Martinez on X.

Dogecoin shows a similar setup. On the 4h chart, it nears the triangle apex with a projected 29% move after a break. Source: Ali Martinez on X. First mention: Dogecoin (DOGE).