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Zcash ($ZEC) Surges 12% in 24 Hours: Strong Rebound Signals Fresh Bullish Momentum
Zcash ($ZEC), the privacy-focused cryptocurrency, has staged an impressive recovery, jumping 12% in the past 24 hours to trade around $507 . The move follows a sharp V-shaped rebound from the $445–$460 demand zone, successfully reclaiming the critical $480.6 support level that had previously acted as resistance.
On-chain and volume profile analysis (VPVR) reveals a significant volume cluster between $480 and $520, now flipped from resistance into a solid support shelf. This technical shift, combined with increasing buying pressure, has analysts eyeing a potential breakout toward higher supply zones.
Key Technical Developments
Current Trade Setup (Bullish Bias)
Entry Zone: $497 – $507 (Ideal accumulation on minor dips or current consolidation)
Target 1: $535 (First major resistance and local high-liquidity pocket)
Target 2: $565 (Next significant supply cluster with historical rejection)
Invalidation / Stop-Loss: $482 (Below reclaimed support and VPVR demand shelf)
Risk-Reward:
Market Context & Outlook
The rebound coincides with renewed institutional interest in privacy coins, amplified by Cypherpunk Holdings’ recent accumulation of 200,000 ZEC and broader regulatory clarity around selective-disclosure protocols. As long as price sustains above $497–$500, the structure remains strongly bullish, with potential to challenge the $600+ zone seen earlier in 2025.
Bias Summary
Note: Cryptocurrency markets remain highly volatile. This analysis is for educational purposes only and not financial advice. Always use proper risk management and stop-loss orders.
Stay tuned for updates as $ZEC approaches the critical $520–$535 resistance zone — a break above could open the path to significantly higher levels in the ongoing privacy coin cycle.