ZEC Reclaims $1,200 Ahead of Highly Anticipated NU7 Upgrade

ZEC rebounded near $1,200 ahead of the upcoming NU7 network upgrade. Key resistance lies between $1,220 and $1,270 for bulls. NU7 will deliver faster transaction confirmations and network improvements. Zcash is gaining traction after recovering toward the $1,200 level. The move comes at an important time for the privacy-focused cryptocurrency. Traders are balancing optimism around the upcoming Network Upgrade 7 with concerns about wea…