Under the backdrop of increasingly strict regulation, privacy coins have attracted a lot of attention over the past two years. ZEC, XMR, and DASH all experienced significant gains last year, and many participants profited from it. However, the market has never lacked dramatic reversals.
Once the leading privacy coin ZEC suddenly faced difficulties—the change in the core technical team directly triggered a price drop, continuing downward. In contrast, XMR, the "second place," has been rising against the trend, with its popularity and momentum nearly surpassing ZEC, seemingly ready to take over the leadership position in privacy coins.
Looking at the chart, XMR has repeatedly confirmed support around the $500 level. This price point is not simple; previous attempts to break higher were blocked, and the accompanying shakeout also took profits from impatient bulls. Currently, it is making a third attempt to push past this barrier. In the short term, the main force may still conduct several rounds of shakeouts to shake off short-term traders lacking confidence.
My judgment is that after the shakeout is complete, a genuine rally should begin. The $500 level will not be the peak but will be broken through directly, leaving little room for latecomers to add positions. The current entry rhythm is actually quite good—aiming for a target of $570 and progressing steadily.
This is the logic of the crypto market—those who persist until the end make money. The demand for privacy will only grow stronger, and increased regulation may even become a positive factor for such assets. Steady traders, don’t chase highs or sit idle; finding a rhythm that suits you is the most important.
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GasFeeCryBaby
· 17h ago
ZEC this round really underperformed, the technical team collapsed immediately, while XMR took the opportunity to rise. The situation reversed so quickly.
Wait, if the $500 level is really broken through, there probably won't be any cheap deals left later.
Both entries and exits were snatched away; the main force's manipulation tactics are really ruthless. No wonder so many people got shaken out.
But on the other hand, the demand for privacy coins is indeed there. The stricter the regulations, the more popular they become. It's truly remarkable.
Can 570 hold steady? It's still a bit early to enter now.
Those with unstable mindsets have already started to bleed out. I'm the kind of person with a steady mindset. Just watch.
After this round of manipulation, the real rally should be just beginning. Patience is needed.
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MeaninglessGwei
· 17h ago
ZEC really underperformed, the team ran and the price collapsed, hilarious. XMR, this second place, turning things around is pretty satisfying haha
If the 500 level really breaks through, I will keep holding; otherwise, I’ll have to go through another round of washing, so annoying
Privacy coins are popular due to regulatory pressure. I understand this logic, but don’t go overboard, don’t get cut by the main players’ washout tactics, brothers
570? A bit doubtful, I want to see if it can break a new high, otherwise this rebound will just be a flash in the pan
Maintaining a steady mindset is indeed important, but no one can stay calm all the time, especially when others are making money
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ImpermanentPhilosopher
· 17h ago
Didn't expect ZEC to fail so quickly, it was so strong before
XMR is quite aggressive this time, directly aiming for the top
I'm a bit skeptical about the 500 key level, another round of shakeout might force some people to cut losses again
But on the other hand, the stricter the regulation on privacy coins, the more valuable they become, quite ironic
Let's keep an eye on 570, greed will lead to losses
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ZkSnarker
· 17h ago
well technically the zec team implosion was kind of inevitable once you actually think about the governance incentives... but yeah xmr doing the slow burn thing while zec gets rekt is pretty much the plot we've seen before. imagine if people actually understood privacy coin mechanics instead of just chasing the pumps lol
Under the backdrop of increasingly strict regulation, privacy coins have attracted a lot of attention over the past two years. ZEC, XMR, and DASH all experienced significant gains last year, and many participants profited from it. However, the market has never lacked dramatic reversals.
Once the leading privacy coin ZEC suddenly faced difficulties—the change in the core technical team directly triggered a price drop, continuing downward. In contrast, XMR, the "second place," has been rising against the trend, with its popularity and momentum nearly surpassing ZEC, seemingly ready to take over the leadership position in privacy coins.
Looking at the chart, XMR has repeatedly confirmed support around the $500 level. This price point is not simple; previous attempts to break higher were blocked, and the accompanying shakeout also took profits from impatient bulls. Currently, it is making a third attempt to push past this barrier. In the short term, the main force may still conduct several rounds of shakeouts to shake off short-term traders lacking confidence.
My judgment is that after the shakeout is complete, a genuine rally should begin. The $500 level will not be the peak but will be broken through directly, leaving little room for latecomers to add positions. The current entry rhythm is actually quite good—aiming for a target of $570 and progressing steadily.
This is the logic of the crypto market—those who persist until the end make money. The demand for privacy will only grow stronger, and increased regulation may even become a positive factor for such assets. Steady traders, don’t chase highs or sit idle; finding a rhythm that suits you is the most important.