Zcash surpasses $200, Litecoin and MYX Finance gain momentum

Zcash (ZEC), Litecoin (LTC), and MYX Finance (MYX) emerge as top performers over the last 24 hours. Meanwhile, the broader cryptocurrency market remains under pressure, with Bitcoin (BTC) trading below $122,000 and total crypto market liquidations crossing $600 million during the same period. 

The privacy coin rally exceeds $200, and Litecoin’s network growth could fuel the uptrend. At the same time, MYX stays on the edge, risking a bearish reversal. 

Zcash rally holds steady above $200

Zcash trades above $225 at press time on Friday, recording over 35% gains so far this week. The third consecutive week of profits challenges the 61.8% Fibonacci retracement level at $235.92, drawn from the May 2021 high at $372.00 to the July 2024 low…

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