Zcash (ZEC) is currently coiling inside a daily ascending triangle, a formation that has been developing for over three weeks. During this period, the price hasZcash (ZEC) is currently coiling inside a daily ascending triangle, a formation that has been developing for over three weeks. During this period, the price has

Zcash (ZEC) Poised for Breakout: Key $465 Resistance Could Unlock $500+ Rally

Zcash (ZEC) is currently coiling inside a daily ascending triangle, a formation that has been developing for over three weeks. During this period, the price has repeatedly tested the lower support near $416 without breaking it, while bulls consistently pushed it back toward the upper boundary around $455–$465.

This tight compression suggests pressure is building, with buyers and sellers locked in a delicate balance. The daily chart shows ZEC transitioning from a sharp uptrend into a corrective consolidation. After hitting highs near $640–$650, the coin retraced toward the mid-$300s, where demand quickly reemerged.

This has resulted in the formation of an upward-trend line, as well as a clear resistance level thanks to the continued rejections in the $455-465 area. Traders are looking for a strong close past or below these points.

Source: X

Moving averages support the positive scenario. The price rests above both short- and medium-term moving averages, and the long-term moving average also continues to rise. Such a situation points to a prevailing positive trend and reduced momentum on the downside.

Key Levels Define Next Direction

Technical support around $416 is a crucial area for Zcash. If it breaks below $373, the bullish scenario may go in vain, which may lead to a further decline in prices. On the other hand, a breakout above $465 with a strong close in the green on a higher volume will mark a conclusive end to a period of consolidation, which will indicate a retest of resistance levels above $500.

Analysts also observe that in highly volatile currencies such as Zcash, small fake breakouts are very common. This is where a small buffer of 3% above the level of resistance or below the level of support can be used to eliminate fakeouts.

Zcash Weekly Outlook Confirms Bullish Trend

The weekly chart indicates a completed large trend reversal in Zcash. They took a long time building up between $35-$60, after which there was a sharp rise to around $480, following which it has been in a well-defined sideways zone. Momentum oscillators are looking positive, with a strongly cooled RSI in the weekend chart around 60 levels, along with a positively compressed MACD.

Source: Tradingview

The historical volatility indicates that the market is still experiencing an active growth stage. Since the closing prices remain above major breakout points and areas of demand are catching up with falls swiftly, ZEC is on target for a possible continuation. If the market manages to break away from the rising triangle, ZEC may target heights above $500.

Also Read: Zcash Faces Critical Test as Bearish Signals Raise $216 Breakdown Risk

Market Opportunity
Zcash Logo
Zcash Price(ZEC)
$513.43
$513.43$513.43
+15.34%
USD
Zcash (ZEC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Momentum Check: Can XDC Network Charge Back to Its Recent Highs, or Is a Pullback in Play?

Momentum Check: Can XDC Network Charge Back to Its Recent Highs, or Is a Pullback in Play?

The crypto market’s prolonged bearish fear is gaining more traction day by day, which has pulled down the total market cap toward $2.95 trillion. Meanwhile, most
Share
Thenewscrypto2025/12/27 15:21
Ondo Plans Tokenized U.S. Stocks and ETFs on Solana in 2026 After Low-Slippage Tests

Ondo Plans Tokenized U.S. Stocks and ETFs on Solana in 2026 After Low-Slippage Tests

The post Ondo Plans Tokenized U.S. Stocks and ETFs on Solana in 2026 After Low-Slippage Tests appeared on BitcoinEthereumNews.com. Ondo Finance plans to launch
Share
BitcoinEthereumNews2025/12/27 19:39
Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple!

Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple!

Buterin unveils Ethereum’s strategy to tackle quantum security challenges ahead. Ethereum focuses on simplifying architecture while boosting security for users. Ethereum’s market stability grows as Buterin’s roadmap gains investor confidence. Ethereum founder Vitalik Buterin has unveiled his long-term vision for the blockchain, focusing on making Ethereum quantum-secure while maintaining its simplicity for users. Buterin presented his roadmap at the Japanese Developer Conference, and splits the future of Ethereum into three phases: short-term, mid-term, and long-term. Buterin’s most ambitious goal for Ethereum is to safeguard the blockchain against the threats posed by quantum computing.  The danger of such future developments is that the future may call into question the cryptographic security of most blockchain systems, and Ethereum will be able to remain ahead thanks to more sophisticated mathematical techniques to ensure the safety and integrity of its protocols. Buterin is committed to ensuring that Ethereum evolves in a way that not only meets today’s security challenges but also prepares for the unknowns of tomorrow. Also Read: Ethereum Giant The Ether Machine Takes Major Step Toward Going Public! However, in spite of such high ambitions, Buterin insisted that Ethereum also needed to simplify its architecture. An important aspect of this vision is to remove unnecessary complexity and make Ethereum more accessible and maintainable without losing its strong security capabilities. Security and simplicity form the core of Buterin’s strategy, as they guarantee that the users of Ethereum experience both security and smooth processes. Focus on Speed and Efficiency in the Short-Term In the short term, Buterin aims to enhance Ethereum’s transaction efficiency, a crucial step toward improving scalability and reducing transaction costs. These advantages are attributed to the fact that, within the mid-term, Ethereum is planning to enhance the speed of transactions in layer-2 networks. According to Butterin, this is part of Ethereum’s expansion, particularly because there is still more need to use blockchain technology to date. The other important aspect of Ethereum’s development is the layer-2 solutions. Buterin supports an approach in which the layer-2 networks are dependent on layer-1 to perform some essential tasks like data security, proof, and censorship resistance. This will enable the layer-2 systems of Ethereum to be concerned with verifying and sequencing transactions, which will improve the overall speed and efficiency of the network. Ethereum’s Market Stability Reflects Confidence in Long-Term Strategy Ethereum’s market performance has remained solid, with the cryptocurrency holding steady above $4,000. Currently priced at $4,492.15, Ethereum has experienced a slight 0.93% increase over the last 24 hours, while its trading volume surged by 8.72%, reaching $34.14 billion. These figures point to growing investor confidence in Ethereum’s long-term vision. The crypto community remains optimistic about Ethereum’s future, with many predicting the price could rise to $5,500 by mid-October. Buterin’s clear, forward-thinking strategy continues to build trust in Ethereum as one of the most secure and scalable blockchain platforms in the market. Also Read: Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? The post Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! appeared first on 36Crypto.
Share
Coinstats2025/09/18 01:22