As reported by CoinRepublic, Zcash (ZEC) has surged approximately 13% in the last week, pushing its price to around $446 and market cap back above $7.3 billion. The token is now targeting a price of $550, with technical indicators showing bullish momentum as long as ZEC remains above the $416–$444 support zone. Analysts note that the $400 level has acted as a key base, with buyers stepping in to absorb pullbacks. The next resistance is expected near $476, followed by a major liquidity target at $549.2.
Zcash (ZEC) Eyes $550 Amid 13% Price Rally
The Coin RepublicShare
Summary
Zcash (ZEC) gains 13% in a week, with crypto price hitting $446. The market rally pushes its market cap above $7.3 billion. ZEC remains above the $416–$444 support zone, pointing to a $550 target. Buyers have defended the $400 level, with next resistance near $476 and a major target at $549.2.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.