Trader Projects Zcash (ZEC) Could Hit $4,900 Based on Cup-and-Handle Breakout

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A breakout in Zcash (ZEC) has triggered a bullish price projection of up to $4,900, according to trader Thor, citing CaptainAltcoin. The cup-and-handle pattern confirmed a break above key resistance at $240–$270, supported by rising volume and momentum. The measured-move target is seen as technically sound, though risks like regulatory shifts and market consolidation persist. With the fear and greed index trending higher, traders are watching for follow-through.
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