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Then, a retest initiated the next wave upward, which is still ongoing.
If the trend continues, the main resistance will be between $3.78 and $4.23, created by the 0.5-0.618 Fibonacci retracement levels.
What ChatGPT Thinks
When asking ChatGPT to rank privacy coins, the AI model ranks FIRO ahead of Zcash.
FIRO stands out because its privacy is built around Lelantus, a system that hides both origins and amounts without needing a trusted setup.
This removes a major weakness seen in Zcash, where the initial ceremony creates long-term concerns.
Zcash also struggles because most users don’t use shielded transactions. That means its real anonymity set is small, making privacy weaker in practice.
According to ChatGPT, FIRO maintains a simple, unified, and consistent privacy design.
Zcash splits users between transparent and shielded pools, reducing overall protection.
Therefore, FIRO’s approach delivers stronger everyday privacy for anyone who actually transacts.
FIRO’s Relief Rally Unfolds
FIRO’s bounce shows strength, but the larger pattern still points toward an unfolding A B C correction.
The current upswing could continue toward the primary Fibonacci resistance before momentum slows.
What happens at this level will shape FIRO’s trend for the rest of the week.
For now, traders should remain vigilant, as volatility remains high and a key resistance level approaches.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
