Zcash Rally Extends to 40%: Can ZEC Hit $1,000 This Cycle?
Zcash has rallied nearly 40% over the past week, pushing its price to around $675. ZEC gained roughly 19% in the latest 24-hour period, while trading volume climbed above $1 billion.
The rally has brought ZEC close to the $680–$700 resistance zone. This area previously stopped the price from moving higher, making it the biggest immediate test for buyers.
What Triggered the Zcash Rally?
The rally accelerated after ZEC broke through several resistance levels, including $520 and $590. These breakouts attracted momentum traders and forced some traders betting against ZEC to close their positions.
Interest in privacy-focused cryptocurrencies also helped. Meanwhile, renewed institutional attention and wider strength across the crypto market gave buyers more confidence.
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