In the past week, ZCash has been on a remarkable run with the ZEC price jumping over 45%, reaching $344.32 today. This surge is not random. A mix of growing trust in privacy technology, where 4.5 million ZEC coins now reside in shielded pools, reflects strong market confidence.
On top of this, technical signals like a rising RSI and bullish MACD crossover showcase healthy momentum building up. Plus, as the Federal Reserve’s recent moves stirred volatility elsewhere, traders found refuge in privacy coins like ZCash and Monero. All these elements have driven the price upwards, making now a critical moment to closely watch what ZEC might do next.
ZEC Price Analysis
Looking closely at the ZEC price chart, the bullish momentum is clear. Over the last day, volume surged past $731 million, marking a 10% increase that brought prices from a low of $312.77 to a high just above $361. The RSI reading at 71.83 suggests ZCash is in overbought territory. Successively, the MACD shows a bullish crossover, reinforcing the uptrend signal.
If the current momentum continues, ZCash price could test upper resistance zones near $370 to $400 soon. However, any pullback to support levels around $322 and $249 should be viewed as opportunities rather than threats in this bullish phase.
FAQs
The rise is fueled by a mix of growing trust in privacy technology, with more coins in shielded pools. Plus bullish technical signals and market rotation into privacy coins post-Fed volatility.
Technical indicators like RSI and MACD suggest strength, but potential pullbacks near support levels might occur, offering chances to enter the market before another upswing.
An increase in shielded supply shows greater confidence in privacy features, which typically supports higher prices through long-term demand and adoption.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
Cardano 
Wrapped stETH 
Wrapped Bitcoin 
Wrapped Beacon ETH 
Hyperliquid 
Chainlink 
Bitcoin Cash 
Wrapped eETH 
Stellar 
Ethena USDe 
USDS 
Binance Bridged USDT (BNB Smart Chain) 
LEO Token 
WETH 
Hedera 
Sui 
Coinbase Wrapped BTC 
Avalanche 
Litecoin 
USDT0 
WhiteBIT Coin 
Monero 
Shiba Inu 
Zcash 
Toncoin 
Cronos 
Ethena Staked USDe 
Mantle 
Dai 
Polkadot 
MemeCore 
Bittensor 
World Liberty Financial 
Uniswap 
sUSDS 
Aave 
Bitget Token 
OKB 
Figure Heloc 
USD1