- Zcash (ZEC) remains in a strong uptrend despite a minor price pullback.
- The $660–$670 range provides crucial support for bulls.
- RSI shows overbought conditions, signaling a potential short-term correction.
- Primary upside targets are $870–$890, possibly reaching $1,000.
Zcash (ZEC) remains in a strong uptrend despite the pullback to $680.99. The chart continues forming higher highs and higher lows. The breakout above $660–$670 shows solid bullish strength. This dip appears to be a healthy retest, supported by growing volume and steady buyer control.
According to the crypto Analyst @Tryrexcrypto, the $660–$670 support range is critical for maintaining the bullish structure. As long as the price stays above this zone, ZEC retains momentum. A move back above $710–$725 could trigger renewed upward pressure, while a breakdown below $660 may open the path toward $630 or lower.
The upside targets remain attractive, with the charts indicating the next target at $870-$890. Further support for the bulls can push the price towards $960-$1,000. The bigger picture remains supportive of the upside unless ZEC breaks the crucial support level of $660.
Also Read: Zcash (ZEC) Surges 20x in 2025 as Institutional Demand Accelerates Growth
Momentum Indicators Signal Strength and Caution
The RSI at 94.75 shows extreme overbought conditions, signaling intense buying pressure while warning of an upcoming cooldown.. The dramatic breakout past the level of 70 shows ZEC has massive support as the rally has continued. Historically, levels this high usually trigger corrections before the rally can continue.
The technical indicator, MACD, reinforces the positive configuration, as the line of the MACD indicator at 123.34 strongly shows superiority over the signal line at 63.76, along with the growing histogram at approximately 59.57. The indicator, however, shows signs of potential declines with the value of the RSI at 94.75.
ZEC’s Long-Term Outlook Boosted by Privacy Demand
Crypto Guru reported that Fidelity analyst Jurrien Timmer has forecast a price of $100,000 for Zcash in 2028, explaining the potential price movement as a result of the financial privacy push in Europe. This article also portrays Zcash as the “new Bitcoin of privacy” while pointing out the rising surveillance state and regulations as the key driving forces behind the rise in privacy-focused cryptocurrencies.
In addition, it introduces ZEC as fast, private, and worldwide, terming it a “cryptographic haven for those seeking additional financial privacy. The article combines positive outlooks in the marketplace with a warning, suggesting that privacy has also become a ‘premium function’ as well as a hedge.
Also Read: Zcash (ZEC) Eyes $749 Target as Whale Activity Sparks Bullish Momentum
