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HYPE Price Eyes $52 as Ascending Channel Points to Upward Breakout

By | Edited By Ammar Raza,,

Hyperliquid (HYPE) stays bullish in an ascending channel with price near resistance, while the HYPE price breakout is supported by aligned moving averages, though volatility is rising. Derivatives show strong participation as both open interest and trading activity increase, signaling sustained market interest and continued momentum. According to CoinMarketCap, HYPE is trading at $45.48 with a daily gain of 12.88%.

HYPE price analysis

Source: CoinMarketCap

HYPE Derivative Data Support Upward Breakout

According to Coinglass, the HYPE open interest increased by 19.35%, reaching $1.94 billion, indicating stronger derivative positioning and sustained market participation. This rise reflects growing trader commitment and potential continuation of existing trends, with more capital allocated to outstanding contracts.

HYPE Derivative Data Support Upward Breakout

Source: Coinglass

Trading volume surged by 252.54%, reaching $4.43 billion, showing a sharp increase in market activity and liquidity. This reflects heightened short-term participation, stronger momentum, and increased investor engagement across the market, signaling sustained trading interest.

Also Read: HYPE Price Faces Pressure After Trendline Break: Is a Decline Coming?

HYPE Price Support Retest Could Fuel a Rally to $52

Furthermore, the crypto analyst Alpha Crypto Signal pointed out that the HYPE price is firmly entrenched in an upward trend that sees it travel along an upward-sloping channel characterized by rising peaks and troughs. 

The HYPE price is currently approaching the lower support line, which usually attracts new buyer interest. This area may prove to be another good buying opportunity if the trend continues.

HYPE Price Support Retest Could Fuel a Rally to $52

Source: Alpha Crypto Signal’s X Post

As long as the support line does not weaken, the HYPE price will be able to return back towards the midpoint of the trading channel around $45 and then focus on breaking the upper channel barrier, which will lead to an even higher target at $52. Otherwise, a break below the lower channel line will change the picture completely.

HYPE Technicals Point to a Bullish Recovery

According to TradingView, the HYPE price has started a gradual recovery from its fast drop towards the $20.00 level in February. 

It has formed an evident uptrend, which develops along a strong ascending channel, where the HYPE price is supported by perfect consolidation of 20, 50, 100, and 200 EMA levels. This indicates that at the moment, buyers control the trend direction.

HYPE Technicals Point to a Bullish Recovery

Source: TradingView

The HYPE is standing at $45.57 and approaching the upper level of the Bollinger Bands, along with the most recent swing high levels. The momentum remains healthy; however, the expanding Bollinger Bands indicate further volatility in the coming days. 

A breach of the level $47.00 would be indicative of further growth, whereas a failure to do so might result in consolidation around the support level $42.00.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Hyperliquid Expands USDC Support Through AQAv2 Upgrade

SEI Price Analysis: Can Bulls Reclaim $0.10 After Long-Term Bearish Breakdown?

By | Edited By Ammar Raza,,

Sei price remains in a bearish weekly trend, trading under key technical indicators while showing early but weak signs of momentum recovery.

SEI price action is still controlled by sellers, with resistance limiting upside moves and support levels holding downside risk. However, the Mastercard partnership adds a positive long-term institutional outlook despite current market pressure.

Weekly Chart Structure Shows Persistent Bearish Trend

Sei price on the weekly chart remains in a strong bearish structure, trading near $0.0658 below the Ichimoku Cloud and Bollinger midline. The cloud stays red and descending, while resistance levels sit at $0.075, $0.083, $0.103, and $0.119.

Support zones remain at $0.058, $0.050, and $0.030 for downside protection levels. The Bollinger Bands show price rebounding from the lower band near $0.030 after extended oversold conditions.

Weekly candles indicate slowing bearish momentum, with short-term recovery attempts targeting $0.075 and possibly $0.10.

SEI price prediction chart
Source: TradingView

However, the Kijun-sen around $0.075 and cloud resistance near $0.103 remain major rejection areas for bulls currently.

Bullish reversal confirmation will depend on weekly closing prices rising beyond $0.075, a bullish cross of Tenkan Kijun lines, and a reversal of the cloud, which should rise to above $0.103-$0.119.

An increase in momentum will bring the next resistance levels to $0.12 and $0.20-$0.22. Failure to remain above $0.050 will prompt the SEI price to drop to $0.040 and possibly the $0.030 capitulation zone again.

Momentum signals show a weak recovery attempt

Meanwhile, on momentum indicators, the RSI (14) for Sei is currently at 36.85, whereas the RSI average is 30.04.

This means that momentum has recovered from being oversold but still lies below the 50 neutral mark. The buyers are trying to stabilize their position, although the bears still dominate the market.

SEI tradingview chart
Source: TradingView

MACD (12, 26, 9) has a histogram reading of 0.00684, MACD line of -0.02967, and signal line of -0.03651.

The upward movement in the histogram, this suggests that the downside momentum is reducing, and a potential bull cross-over formation is taking place. But as both lines are below zero, it shows the market trend is bearish.

Mastercard Partnership Signals Institutional Expansion for Sei

Despite the price action, Sei is set to become a member of the Mastercard Crypto Partner Program, marking a step towards increased cooperation between blockchain technology and financial institutions.

The goal of this partnership is to improve compatibility, increase compliance preparedness, and promote enterprise adoption of decentralized systems.

This will be followed by a joint research paper by Mastercard and Sei, focusing on the creation of new blockchain assessment models specifically designed for the financial industry.

The paper explores issues of scalability, security, and regulation to guide the adoption of blockchain technology by institutions around the globe. It could also help in sustaining the bullish trend in its price.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: SEI Price Prediction: Breakout Formation Targets $0.76 as Bulls Regain Control

THORChain Hack Drains $10M+ as RUNE Drops 10%: ZachXBT

By | Edited By Ammar Raza,,

The THORChain hack may have stolen more than $10 million from the cross-chain trading protocol. The exploit hit assets across Bitcoin, Ethereum, BNB Chain, and Base. RUNE also fell more than 10% after traders quickly reacted to the latest breach.

The initial alert was reported by an on-chain investigator, ZachXBT. He noted suspicious behavior related to THORChain’s router infrastructure. As per his tracking, attackers transferred over $7.2 million in USDT, USDC, and wrapped Bitcoin over multiple networks.

Also Read: Ethereum Security Targets $1.5 Billion Hack Risk

THORChain Hack Losses May Exceed $10M

The funds were later swapped into ETH. ZachXBT first estimated losses above $7.4 million. He later updated the figure and said the total stolen amount from the THORChain hack may now exceed $10 million.

Blockchain security firm PeckShield also reported the attack. It estimated that attackers stole about 36.75 BTC, worth nearly $3 million. The firm also tracked another $7 million in assets from the Ethereum, BNB Chain, and Base ecosystems.

Source: PeckShield

The suspicious wallets were tracked by Arkham Intelligence data. It tagged the addresses as “THORChain Exploiter” when moving funds. Arkham data revealed that one Bitcoin-linked wallet currently holds close to 36.85 BTC, worth around $3 million.

An additional wallet, also linked to the Ethereum address, held approximately 216 ETH. The majority of stolen assets are still linked to wallets bc1ql4…f6f37 and 0xd4…890Bd. Market participants monitored the THORChain hack as users awaited more clarity.

RUNE Drops After THORChain Exploit Reports

The market reaction was immediate. Within hours, RUNE had plunged by approximately 10% and was heading toward the $0.53 price range as per CoinMarketCap. Traders reduce exposure to the market on news of the exploit.

The absence of official communication in the immediate term heightened speculation. Earlier exploits have occurred on THORChain that were also mitigated using treasury reserves. However

The THORChain hack comes as DeFi faces broader security issues. Over 40 crypto protocols are closed as of 2026. Immunefi and DeFiLlama data show hackers stole more than $770 million so far this year.

The scale of the losses has become evident in April. Drift Protocol and KelpDAO together accounted for losses exceeding $600 million. April 2026 also saw the highest number of crypto hacks in history.

Also Read: Aave Liquidations Recover 90% After $293M Hack

SF Holding Launches Hong Kong Gold Vault Amid Bullion Market Expansion

By | Edited By Ammar Raza,,

SF Holding plans to launch a Hong Kong gold vault near the Hong Kong International Airport in October as the city expands its precious-metals infrastructure. The facility could store up to 100 tons of metals, supporting Hong Kong’s push to become a major global bullion trading, financing, and storage hub.

SF Holding Expands With Hong Kong Gold Vault

SF Holding, China’s largest express-delivery company, is preparing to open a Hong Kong gold vault as the city increases efforts to become a global precious-metals center.

Sources familiar with the matter said the Hong Kong gold vault is expected to begin operations in October inside SF’s complex near Hong Kong International Airport.

The planned facility will contain two sections. One area will offer safe-deposit boxes for valuable assets, while the second section will focus mainly on precious metals storage.

The Hong Kong gold vault is expected to hold between 50 and 100 tons of metals. People involved in the discussions said SF sees strong business opportunities in the growing storage market.

Rising demand from wealthy investors and government support for the bullion sector have encouraged the company to expand its commodities logistics operations. SF did not respond to requests for comment regarding the project.

Also Read: Bitcoin’s Viability: Dalio Backs 2025 Gold Warning

Hong Kong Gold Vault Supports Precious-Metals Push

Hong Kong has accelerated plans to strengthen its position in global bullion trading and storage. Authorities intend to launch a central clearing system for physical gold trading later this year.

Officials also aim to increase the city’s vaulting capacity to 2,000 tons within three years. The authorities have been asking the central banks to store the bullion in Hong Kong as a major component of their overall strategy to bring the commodities business from around the world to Hong Kong.

Meanwhile, the Hong Kong Stock Exchange is preparing to reintroduce bullion futures trading. The Hong Kong gold vaults project is seen as an indication of increased demand for secure storage facilities in Asian financial markets.

SF Expands Commodities Logistics Presence

SF offers experience in commodity markets. As a licensed logistics operator, it acts for the Shanghai Gold Exchange and assists jewelry stores and mines in China.

Also, SF works with one of the first depots recognized by the London Metal Exchange last year to store base metals such as copper.

However, SF is still not a member of the London Bullion Market Association, an accreditation that certain bullion merchants and banks insist on when choosing companies to move and store their bullion.

Also Read: Bitcoin Rises Toward $81,000 as Gold Ratio Signals $94,000 Breakout

Solana Price Range Tightens as $98 Breakout Could Trigger $107–$117 Rally

By | Edited By Sahana Kiran,,

Solana (SOL) price is still trading within a defined range due to continued indecision from both buyers and sellers. The SOL has tested support and resistance on several occasions, with a recent rejection at the upper limit followed by a slight bounce back.

At press time, SOL is trading at $90.58, marking a modest 0.82% down over the last 24 hours. Market activity remains substantial, with 24-hour trading volume recorded at $5.86 billion and a total market capitalization of approximately $52.84 billion. Despite the slight upside movement, broader participation continues to show signs of cooling momentum.

SOL price chart
Source: CoinMarketCap

Also Read | TRON Price Surges to $0.3546: 4 Optimistic Signs Supporting the Rally

Solana Price Faces a Strong Resistance Zone

On May 15, 2026, a well-known crypto analyst, Ali Martinez, pointed out an important technical level for the coin. Based on the analysis, $98 is still considered the critical resistance level that would validate the bull’s breakout should the Solana price close above it.

The Solana price since February has been trading within a well-defined consolidation range. The bottom line of the range stands at around $78, with the top resistance level standing at around $98. There is an equilibrium level between $88 and $98, which has been influencing the price movements.

SOL price chart
Source: Ali Martinez’s X Post

However, recently, the Solana price touched the $98 resistance level, which was quickly rejected, causing a slight retracement but followed by stabilization. It indicates that the market might still be working on gaining some strength before testing the upper bound of the range.

Provided that the Solana price succeeds in closing above $98 per day, the technical forecasts predict a possible move toward $107 and even toward $117. Nevertheless, an inability to surpass the barrier may result in a slide back to the mid-$88 level and possibly even to the $78 support area.

Market Activity Shows Weak Momentum

Market statistics reveal that trading volumes have decreased by 16.21% to $10.73 billion, whereas the level of open interest has declined by 1.86% to $5.83 billion, reflecting lower participation and somewhat weaker market positioning.

SOL open interest and volume chart
Source: Coinglass

The weighted open interest rate is 0.0026%, indicating that there is low pressure from funding and balanced leverage, which is indicative of investors’ cautious attitude toward trading and their lack of directional bias in the market.

SOL OI Weighted chart
Source: Coinglass

Also Read | Hyperliquid Expands USDC Support Through AQAv2 Upgrade

XRP Surge Hits ATH at $1.50 After Drastic 6.7% Jump

By | Edited By Sahana Kiran,,

XRP and its surge have stunned the crypto market again. The token climbed past the $1.50 mark after gaining 6.7% in just 24 hours. Over the last seven days, XRP added another 8.8%, more or less. This move put XRP ahead of every other major cryptocurrency in the top 10.

Bitcoin, Ethereum, BNB, and Solana showed smaller gains during the same period, honestly. XRP, however, broke away from the pack, like it was doing its own thing. CoinGecko data now ranks it among the best-performing assets in the top 100, currently.

The rally didn’t just show up out of nowhere. Big players have been scooping up shares pretty aggressively for weeks. From the market data, it looks like the whales were tracking this breakout ahead of time, before retail traders even reacted.

Also Read: XRP Price Prediction: Will XRP Hit $1.50 in May Amid CLARITY Act Buzz?

XRP Surge Driven by Whale Accumulation

According to Santiment Intelligence, wallets holding at least 10 million XRP sharply increased their positions. These wallets now control a combined 45.83 billion XRP. That equals 68.48% of the token’s total supply.

This is the highest level of concentration among the biggest holders since May 2018. Major investors aren’t abandoning the market; instead, they look more like they’re adding to it, making their positions larger and more firm

Another important metric also flashed bullish cues. Wallets that hold at least 10,000 XRP recently hit an all-time high, 332,230. Even in stretches of uncertainty, mid-sized holders kept on accumulating. This steady buy pressure formed the base for the current breakout.

XRP Surge Fueled by Coinbase and Asian Demand

A major purchase on Coinbase may have triggered the latest breakout. Roughly $1 million worth of XRP was bought moments before the token pushed higher. The timing caught the attention of traders across the market.

At the same time, South Korean exchanges added strong support. Upbit and Bithumb recorded massive XRP trading activity. In fact, XRP trading volume on both exchanges moved above the combined volume of Bitcoin and Ethereum.

Historically, this pattern points to rising retail risk appetite in South Korea. XRP has long remained popular among the country’s aggressive traders.

Source: CoinCodex

Short-term forecasts also remain optimistic. XRP is expected to touch $1.49, marking another 1.28% increase from current levels. If momentum holds, the XRP surge could continue dominating the crypto market through the coming week.

Also Read: Advantages of XRP: 4 Billion Transactions in 5 Seconds

Upbit Crypto Exchange Lands Massive $669M Hana Deal: Strong Aquisition of Dunamu

By | Edited By Sahana Kiran,,

Upbit crypto exchange is gaining momentum in South Korea. Traditional banks are no longer watching from the sidelines. They are entering the digital asset sector directly, with Hana Bank leading the latest major move.

Hana Bank revealed that it will acquire 2.28 million shares in Dunamu from Kakao Investments. The deal is worth 1.003 trillion Korean won, or about $669.2 million. Once completed on June 15, Hana will own a 6.55% stake in Dunamu, becoming the company’s fourth-largest shareholder.

Dunamu operates Upbit, the largest crypto trading platform in South Korea. Upbit controls more than 80% of the country’s crypto trading volume. The exchange is also ranked among the world’s top spot exchanges, processing more than $1 billion in daily trading volume.

Also Read: Binance, Upbit List CHIP on April 21 With 3 Trading Pairs

Upbit Crypto Exchange Signals Growing Institutional Trust

The latest move is a strong signal for every upbit crypto exchange now circulating in the market. Large financial institutions rarely invest this much money without seeing long-term value.

Hana said the investment will help it “secure competitiveness in the new financial landscape.” The bank has already expanded its crypto exposure through deals with Circle, Crypto.com, and Standard Chartered Group. Earlier this year, Hana also partnered with SK Telecom and BitGo to launch BitGo Korea.

These partnerships show a clear strategy. Hana wants a deeper role in digital finance before regulations become fully established.

Meanwhile, Kakao Investments is reducing its exposure. After the sale, Kakao will hold a 4.03% stake in Dunamu.

Source: X

Upbit Crypto Exchange Gains Strength Amid Regulation Changes

South Korea is currently building a new crypto framework called the Digital Asset Basic Act. The proposed rules include guidelines for stablecoins and digital asset operations.

This changing regulatory environment may help major exchanges like Upbit gain even more credibility. Investors often look for legal clarity before committing serious capital.

Dunamu is also working on a merger and acquisition process with Naver Financial. If finalized, the move could tighten Upbit’s connections with one of South Korea’s largest technology groups.

For many analysts, Upbit crypto exchange is becoming clearer. Big banks, tech firms, and regulators are all moving toward deeper involvement in crypto. That trend could push Upbit into an even stronger position in Asia’s digital asset market.

Also Read: Bittensor (TAO) Holds $187 After Upbit Listing, Eyes $205–$270 Breakout

Binance Research Reveals $75B in Illicit Crypto Funds Stuck Onchain

By | Edited By Sahana Kiran,,

A Binance Research analysis found that more than $75 billion in illicit crypto funds remain visible and traceable on-chain. The report said blockchain records are making laundering harder, even as criminal balances have continued to grow since 2016.

According to the findings, illicit crypto activity still makes up less than 1% of total transaction volume. However, balances linked to crime have increased as fewer assets move successfully through laundering channels.

Also Read: Myanmar Online Scam Crackdown: Death Penalty for Violent Operators

Illicit Crypto Funds Face Tighter On-Chain Tracking

Binance Research said the figure rose another 28% in 2025 compared with 2024. The firm said the problem is becoming structural for bad actors because blocked balances are staying on-chain.

Compliance systems are taking on a bigger role in restricting exits, according to the report. Know Your Transaction tools warn of flagged wallets, while Know Your Customer checks block off-ramp access for risky users.

When wallets are flagged as criminal, stablecoin issuers also assist in restricting movement. Freezing tools and direct law enforcement seizures have made laundering more difficult, Binance Research said.

It added that the immutable blockchain makes it easier for investigators to follow illicit crypto funds through multiple address wallets. Even if the assets themselves leave that original wallet linked to crime, each transfer stays on-chain.

Source: Binance Research

More than 80% of illicit crypto funds are no longer sitting in the first wallet associated with a crime, according to Binance Research. Although these assets usually flow into downstream wallets, the traces of transactions can still be seen.

The report also indicated that traceability does not end with the first address. The ledger records every movement, and investigators can trace later transfers.

Privacy Tools Fail Against Illicit Crypto Funds

Binance Research also challenged privacy tools in big cyber-heists. It claimed that Wasabi Wallet and CryptoMixer together have an aggregated daily volume of nearly $10 million.

That capacity is still relatively small in comparison to big crypto hacks. It claimed that a thief would require more than 100 days to pull off a $1 billion heist on any of those platforms.

These findings are in line with the data from Chainalysis for October 2025. The report estimated that over $75 billion in illicit crypto assets had been held within wallets directly or indirectly associated with crimes.

The firm also discovered that over $40 billion was associated with operators and sellers in darknet markets. Almost 75% of all illicit balances came from Bitcoin, while stablecoins and Ether kept on gaining ground.

The Binance Research analysis came after the exchange outlined its anti-scam AI systems. In Q1 of 2026 alone, Binance claims over 100 AI models thwarted approximately 22.9 million scam attempts and assisted in securing the accounts of over 5.4 million users throughout the year.

Also Read: Trump Purchases MARA Holdings Shares in Q1 Filings Disclosure 

Bitcoin Price Holds $81,000 as Exchange Supply Hits 2018 Low

By | Edited By Sahana Kiran,,

Bitcoin price maintains a solid market position as price action steadies near a major technical level, while on-chain supply metrics and institutional inflows continue driving overall crypto market sentiment.

Currently, BTC is trading at $81,008, reflecting a 2.21% increase during the previous day. The asset has recorded a 24-hour trading volume of $62.25 billion, with a total market capitalization of $1.62 trillion. Meanwhile, BTC accounts for around 60.44% of market share within the digital assets space.

Bitcoin price chart
Source: CoinGecko

Also Read | Bitcoin Tops $80K Ahead of US Senate CLARITY Act Vote

Bitcoin Exchange Supply Hits 2018 Low

According to data shared by Santiment Intelligence, BTC held on exchanges has dropped to 5.6% of the overall number of assets. Interestingly, this level of exchange supply was steady over the course of the past month and hasn’t been observed since 2018.

Decreasing supply on exchanges means that fewer BTCs can be readily sold because more people prefer to store their investments in long-term storage solutions. Such an on-chain trend often reflects growing confidence among long-term holders, reducing potential sell pressure in the short term.

Bitcoin price analysis
Source: Santiment’s X Post

Meanwhile, Ethereum is also showing a similar pattern, with exchange-held supply at around 4.6%, up slightly from 4.2% just ten days ago. Although the number has recently increased by 0.4% points in ten days, the Ethereum exchange balance remains at historic low levels compared to all the years ETH was traded on exchanges in 2015.

Bitcoin Price Tests Key Technical Resistance

Bitcoin price continues facing tough resistance near the 200-day moving average. Now, this indicator stands close to $82,000. This indicator is widely followed in market analysis because it reflects the average closing price over the past 200 trading sessions, helping smooth out short-term volatility and highlight broader direction.

Recently, BTC has made two attempts to move above this level but failed to maintain upward momentum, retreating toward the $80,000 range. The repeated rejections have made it an important level to break through, especially for long-term investors. Indeed, the higher the price is relative to the 200-day moving average, the better it is for buyers, as it boosts investor sentiment.

Bitcoin technical price analysis
Source: TradingView

Over $3.4 Billion Total ETF Inflows

Despite short-term price fluctuations, institutional interest in the Bitcoin price continues. According to the data, spot Bitcoin exchange-traded funds registered $620 million in net inflows in the past week, bringing total inflows in six weeks to more than $3.4 billion.

It appears that despite short-term price movements, investment products remain popular and attract significant volumes of funds. As a result, institutional investors continue accumulating BTCs and taking them out of circulation, which adds to price support.

Also Read | Ethereum Price Holds Above $2,300 as Institutional Demand Grows

Zcash Price Prediction Signals Explosive 8% Surge

By | Edited By Sahana Kiran,,

Lately, it feels like Zcash price prediction trends are coming back into the spotlight again, kind of quietly, but then suddenly. This privacy-oriented token just pulled off some pretty strong recent gains, and now traders are watching it, not just the headlines, but the signals too, to see if the rally actually still has room to keep expanding.

ZEC now shows up around $548.63 after it climbed 5.47% over the past 24 hours. That jump looked a bit stronger than the broader crypto market, which added 2.94% in the same stretch. Zcash also managed to do well vs Bitcoin, logging about a 3.00% rise against the top cryptocurrency.

Analysts are now thinking that ZEC could climb another 8.01% in the next five days, as they see it as likely. If it really plays out that way, then the token might reach about $606.81 by May 19, 2026.

Source: CoinCodex

Also Read: Grayscale Files Zcash ETF Plan for NYSE Arca Listing

Zcash Price Prediction Shows Strong Momentum

Lately, this trend has been hard to ignore. Zcash has picked up about 54.35% over the last 30 days, which is honestly not small. In the course of the past three months, the asset climbed 97.12% as well, and it feels like it kept pressing higher. If you look at the full year, things seem even stronger, because ZEC is up 1,196.66% from where it was, $42.31 a year earlier.

Source: CoinCodex

However, Zcash stays way below its all-time peak of around $5,941.80 hit back in October 2016. Right now, the cycle high is sitting at about $736.68, and the cycle low is down near $16.04.

Volatility is also climbing as the Zcash price prediction showed a monthly volatility level of 24.86%, and there were 16 green days in the last month. These points show pretty strong trading activity, yet it also underlines the dangers linked with sudden price swings.

Zcash Price Prediction Remains Neutral

Technical indicators show a kind of mixed, or slightly confused picture. In all, out of 30 indicators, 21 are hinting at bullish conditions while 9 are still bearish. So the overall sentiment sort of ends up neutral, even if it feels a bit split in the middle.

The Relative Strength Index shows 62.33, so it seems ZEC is not really overbought, not oversold either, kind of middle ground. At the same time, Zcash is going for a move under both the 50-day and the 200-day simple moving average. These signals, from time to time, do imply bearish pressure in the market.

Source: CoinCodex

Key support levels are located at $497.41, $470.67, and $425.26. Resistance levels stand at $569.56, $614.96, and $641.70.

Source: CoinCodex

The Fear & Greed Index currently reads 34, so the market is sitting in fear territory. This usually mirrors investor hesitation, but also some traders view that same fear as a kind of an opening to gather assets in advance, right before another rally starts.

The current Zcash price prediction is still pretty neutral, but you can feel momentum building. If buyers keep holding the reins, ZEC might, in the near term, test that $606 level pretty soon.

Also Read: Zcash Price Breaks Key Resistance as Bulls Extend Momentum Toward $800 Upside