Zcash Surges 530% to $370 Ahead of 2026 Halving
Zcash has soared over 530% in the past month, reaching around $370, its highest level since December 2021. A bullish flag pattern on the 4-hour chart suggests a potential 25% rally if ZEC holds above $245. Traders should watch support at $244–$237 and the 20-period EMA for pullbacks, with a risk of a short-term dip to $210 given an RSI above 90.
Immediate resistance lies at $437 and a higher barrier at $570, offering up to 30% upside. With the 2026 halving set to reduce supply, market sentiment is positive. Investors are eyeing a return to the original listing price, using momentum signals and support builds for entry and exit. Dips near $200–$230 remain key buy zones.
Bullish
Zcash’s over 530% rally and formation of a bullish flag pattern signal strong upward momentum. The mid-range RSI indicates room for further gains, while key resistances at $437 and $570 provide measurable targets. The upcoming 2026 halving is expected to tighten ZEC supply, reinforcing bullish sentiment. Although a short-term pullback to around $210 is possible due to overbought conditions, dips near $200–$230 offer attractive entry points. Overall, these factors support a bullish outlook for ZEC in both the short and long term.