The latest months have brought us improvements in the form of Sapling, which makes ZK-Snarks faster and lighter, important for mobile support. Several institutional players have jumped on board (JPMorgan, Grayscale, etc.).
is showing that the bull trend is still in good shape, lagging span over price, price over cloud. It may be a little early to commit to this , price needs to move and respect the key levels. That said, the presents a good medium term target, since it is a high probability zone.
My only concern right now, is that BTC needs to range or rally in order for this trade to pan out. If BTC goes down, it may bring other coins down with it.