Zebec Network Surges 20% After Parliament Invite!

Leadership to Speak at House of Lords on July 10

Hang onto your hats, crypto fans! Zebec Network's (ZBCN) price just skyrocketed 20% after dropping the bombshell that their top brass will be addressing the bigwigs at the British Parliament's House of Lords on July 10. We're talking a full-on bullish breakout that might just rocket the price to a sweet $0.0040!

Get this: Zebec Network's price is up a solid 20% in the last 24 hours, and you can bet it's all thanks to the news that their leadership has been handpicked to speak at the British Parliament's House of Lords. On July 10, COO Simon Babakhani and Head of M&A Neal Padhye will take the stage at the Palace of Westminster, dropping knowledge on MPs, regulators, legal eagles, and compliance gurus about hot-button topics like compliance, whistleblower protections, and blockchain regulation. It's gonna be epic!

🇬🇧 Zebec Leadership to speak in the British Parliament – House of Lords on Regulation and Compliance on July 10.

Zebec Network has been invited to present at the Palace of Westminster, addressing key industry topics from compliance to whistleblower policies, and advising on... pic.twitter.com/hUKvYYpW7N

The announcement hit the streets on July 7, and it sent ZBCN's price into the stratosphere, jumping from an opening of $0.0027243 to an intraday high of $0.0030977 on July 9. That's a whopping 13% surge, baby! The price slammed right into the upper trendline of a falling wedge formation that's been cooking since late May on the 4-hour chart. And with strong volume backing up the rally, you know this bullish breakout setup is the real deal as the price action tightens into the wedge's apex.

Right now, ZBCN's price is taking a little breather from the rally, hovering around $0.0029. But if it can hold strong above the recent higher low near $0.0024 and bust through that wedge resistance (sitting pretty at $0.0031), we could be looking at a confirmed breakout pattern. The first target for the bulls? A tasty $0.0035-$0.0040, where the price got rejected time and again in late June to early July. That's now a critical supply zone and a prime spot for short-term traders to cash in their chips.

If ZBCN can keep the party going above $0.0040, watch out! We could be headed for even more upside toward $0.0046–$0.0050, right in line with the previous swing highs. But if it can't break through that wedge resistance, the price might just keep on compressing within the pattern. And if ZBCN's price drops below its lower trendline, it's game over for the wedge setup, and we could be looking at a bearish continuation in a descending channel. Buckle up, folks, it's gonna be a wild ride!